Spencer Sloan Authors Bank Director Article on the Basel III Endgame Capital Rule Proposal
Partner Spencer Sloan authored an article titled, “Capital Proposal Could Help Banks Reclaim Home Loan Market Share,” which was published by the Bank Director. The article discussed the Basel III endgame capital rulemaking package, which was introduced by the federal banking agencies on March 19 and aims to align U.S. capital standards with international norms. The piece explored how the proposed changes could impact bank mortgage lending and servicing, including overhauling provisions impacting mortgage lending capacity, taking steps to remove requirements to deduct mortgage servicing assets (MSAs) from regulatory capital and mitigating capital burdens overall.
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