Fed Proposes Capital Rule Changes to Revive Mortgage Lending Market

Deep News
02/18

Federal Reserve Vice Chair for Supervision Michael Bowman outlined several proposals, including easing capital requirements for mortgage servicing assets and linking loan risk weights to loan-to-value ratios. These changes could benefit banks such as JPMorgan Chase (JPM) and Wells Fargo (WFC), while potentially increasing pressure on non-bank lenders like Rocket Companies (RKT).

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