Author name: Ricky Vasquez

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Basel’s looser securitization rules have some snags for MBS

Trade groups have largely welcomed what’s broadly more lenient treatment of securitizations in their comments on the latest U.S. Basel III endgame proposal, but some want to change certain details they fear could cause friction for home loans. Processing Content “The revised proposal reflects meaningful progress, including on several issues that are critical to the […]

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OCC, FDIC encourage banks to share data on fraud

Key insight: Fincen’s guidance expands the types of information banks can share about suspected fraud and illicit activity while protecting participating institutions from liability. Supporting data: Banks can share information including transaction records, video footage, IP addresses, device identifiers and fraud indicators. Forward look: The guidance comes as the Treasury pushes to overhaul anti-money-laundering rules

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Coalition escalates calls for delay on Fannie, Freddie condo rules

The Community Home Lenders of America, Community Associations Institute and National Association of Mortgage Brokers doubled down on their previous pushes for more time to meet deadlines for certain condominium loan rule changes in a joint letter. Processing Content These groups reinforced calls for a year’s delay in some restrictions in the letter sent to

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