Basel III proposal could boost CMBS demand
Basel III recalibration cuts commercial real estate risk weights, unlocking $100 billion in bank lending capacity.
Basel III recalibration cuts commercial real estate risk weights, unlocking $100 billion in bank lending capacity.
A Government Accountability Office report warns the Office of the Comptroller of the Currency to clarify which records from the Basel Committee on Banking Supervision should be treated as federal records and thus retained according to the Federal Records Act.
Lawmakers urged the Fed to retain the current weighting of the p-factor in the context of securitizations, over a level that the industry believes is far more punitive.
As banks sell investment-grade loans to reduce capital charges, Carlyle is purchasing and repackaging them into securities that can offer investors attractive returns.
Banks and Congressmen alike see U.S. regulators' version of Basel III as overly stringent for the securitization market.
Regulators will now accept feedback until Jan 16, 2024 — a six-week extension — concurrent with a Federal Reserve effort to gather additional information about the potential implications of the proposed capital changes.
Banks would welcome a proposal to loosen Basel III capital restrictions because it would make holding mortgage servicing rights easier and stem the recent exodus of depositories from the servicing business, executives said.
First the House and now the Senate have included provisions in their regulatory relief bills that bankers say would go a long way toward clearing up confusion over how to treat high-volatility commercial real estate loans.