Bank Law Monitor

Bank Law Monitor

A Legal Blog for the Financial Services Industry

Category Archives: Basel III

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Bank Regulatory Agencies Develop Automated Tool to Calculate Risk-Based Capital Requirements for Securitizations

Posted in Basel III, Compliance Resources, Regulatory Developments
            Today, the Office of the Comptroller of the Currency (“OCC”) issued a regulatory capital bulletin (“Bulletin”) stating that the OCC, the Federal Reserve Board, and the Federal Deposit Insurance Corporation have developed an automated tool to help national banks and federal savings associations calculate risk-based capital requirements for securitization exposures.   This automated tool is… Continue Reading

Mortgage Industry Continues to Face New Regulatory Proposals in 2015

Posted in Basel III, CFPB, Mortgage Servicing, Regulatory Developments, TILA/RESPA
CFPB Proposes to Give Relief to Small Lenders        On January 29, 2015, in response to comments from industry groups and stakeholders, the CFPB proposed amendments to certain mortgage rules that were issued in 2013.  The CFPB will take comments until March 30, 2015 on these proposed rules.  The proposed rule expands the CFPB’s definition… Continue Reading

The Adverse Impact of Basel III on the Retention of Mortgage Servicing Assets

Posted in Basel III, Mortgage Servicing, Regulation AB, Regulatory Developments
 Basel III                            As we start of the New Year, I think it is a good idea to assess Basel III’s impact on banks.  We have just finished Year 1 of the 5 year phase in of Basel III.   As many of you are well aware, when the Federal Reserve Board approved the Basel III Regulatory Capital… Continue Reading