Changes to capital rules should be part of GSE overhaul
As policymakers consider administrative reforms to Fannie and Freddie, they must address the problem of capital arbitrage to avoid overleveraging the mortgage system. ... Read full article
As policymakers consider administrative reforms to Fannie and Freddie, they must address the problem of capital arbitrage to avoid overleveraging the mortgage system. ... Read full article
Readers weigh in on calls that regulators consider the financial risks from climate change, respond to Trump administration plans to overhaul the housing finance system, consider GOP strategy on the House Financial Services Committee and more. ... Read full article
It’s possible the G-SIB surcharge, an additional capital charge on large banks, contributed to market volatility at the end of last year, argues Sen. Thom Tillis. ... Read full article
Despite complaints about the slow pace of change within government, policymakers, including agency heads, are increasingly focused on modernizing regulation, an important step forward for the industry. ... Read full article
Proposals that would have financial firms monitor or refuse to finance certain firearms purchases are misguided, putting the onus on unelected corporations. ... Read full article
The Financial Services Committee also announced the head of a newly created subcommittee on diversity and inclusion. ... Read full article
The question of what banks are doing to aid government workers shows how the industry is still struggling to rebuild its image following the crisis. ... Read full article
There’s no reason for the central bank to prohibit nonbank financial firms from entering the payments system as long as appropriate rules are put in place to protect against risk. ... Read full article
Policymakers should not let mortgage REITs, hedge funds and other firms gain membership through captive insurance companies. ... Read full article
Readers react to Sen. Elizabeth Warren's investigation into former acting Consumer Financial Protection Bureau Director Mick Mulvaney's job talks, weigh Rep. Alexandria Ocasio-Cortez's potential impact on the Financial Services Committee, ... Read full article
The Federal Reserve has suggested it could join the market for instant interbank payments, but private sector entrants would be better. ... Read full article
A recent proposal to allow the government-sponsored enterprise to offer more credit in agricultural regions is deeply flawed. ... Read full article
A lapse in rental-assistance funding, an understaffed FHA and other effects of the government shutdown are causing real harm to families, said the chair of the House Financial Services Committee. ... Read full article
The freshman congresswoman will likely join the Financial Services Committee, where she could use her populist momentum to bring criticisms of the country's biggest banks even further into the mainstream. ... Read full article
Problems with the new accounting standard could be solved by modifying how reserves are calculated so that changes are more in line with industry growth. ... Read full article
Readers weigh in on pushback by appraisers to a new regulatory proposal, consider credit card issuers' role in the gun debate, respond to recent credit union mergers and more. ... Read full article
The central bank’s investments under its quantitative easing program have put its balance sheet in the red under mark-to-market accounting, another potential risk for an agency already under political fire. ... Read full article
The banking industry is unduly worried that recent credit union deals could open the door for anyone to join. ... Read full article
The agency wants mortgage servicers to extend special forbearance plans to those affected by the partial government shutdown and evaluate borrowers for loss-mitigation options. ... Read full article
Issuers should take seriously critics’ claims they need to more closely monitor the sale of guns, before policymakers force the issue. ... Read full article