ABA, associations propose bank capital reforms to boost mortgage lending

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AI Summary

• Proposed reforms aim to address capital rules that have discouraged bank participation in mortgage lending. • The proposal comes from ABA and seven other associations, suggesting a broader industry push for changes.

Texas Relevance

The article does not explicitly mention Texas or any Texas-specific entities. It focuses on a national issue affecting banks and credit unions broadly.

Original Content

Saying that existing capital rules have discouraged bank participation in mortgage lending, ABA and seven other associations offered proposed reforms to help reverse that trend. The post ABA, associations propose bank capital reforms to boost mortgage lending appeared first on ABA Banking Journal .