In late July 2023, US banking agencies proposed significant revisions to the risk-based regulatory capital requirements for certain midsize and larger US banking organizations. These proposals are critical, as the amount of capital a bank must maintain with respect to any particular loan, investment or activity is among the most significant factors in determining whether an activity is profitable, or even feasible. The proposals are not "capital neutral," and will increase the capital charge for several aspects of the primary and secondary mortgage markets in the United States.
Please join Mayer Brown lawyers Haukur Gudmundsson, Christopher Smith, and Matthew Bisanz for an in-depth discussion of the proposed requirements, and what they mean for the mortgage industry.
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