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Banks with a heavy reliance on mortgage originations catch a break with new capital rules...

Banks with a heavy reliance on mortgage originations catch a break with new capital rules approved by the Fed today. The central bank decided not to increase risk-weightings for mortgages, citing new underwriting rules as well as other pending rules as the reasons. Small banks also get good news as any trust preferreds issued prior to 2010 are grandfathered in as acceptable capital.
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Comments (2)
  • timbo-anti castro
    , contributor
    Comments (171) | Send Message
     
    that makes them cheaper for the FED top buy with monopoly money.
    2 Jul 2013, 02:00 PM Reply Like
  • Voice of common sense
    , contributor
    Comments (119) | Send Message
     
    The financial mafia continue to get off the hook on any type of restrictive regulations through their ownership of the dc stooges, the administration and the regulatory process.

     

    What makes these thieves so special?
    3 Jul 2013, 01:46 AM Reply Like
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