AMLA 65th Anniversary Party — December 13

Name: AMLA 65th Anniversary Party -- December 13
Start: 2023-12-13T16:30:00-07:00
End: 2023-12-14T18:30:00-07:00
Location: Odysea Aquarium

Anniversary Party
12/13/2023 - 12/14/2023
4:30 pm - 6:30 pm

AMLA is excited to be celebrating it’s 65th anniversary!

To thank our members, every member company is entitled one free ticket to this special event.

Our group will be in the “Bizarre and Beautiful” gallery, where you will be enjoy many exhibits,

while enjoying an open bar and appetizers.

Details	Price	Qty
Free Ticket (One per company)	$0.00 (USD)	Quantity
AMLA Members	$100.00 (USD)	Quantity
Free Admission	$0.00 (USD)	Quantity
zmpm	$0.00 (USD)	Quantity
Non Members	$0.00 (USD)	Quantity

please do not enter anything in this input

Venue: Odysea Aquarium

Address:

9500 E. Via de Ventura, Suite A-100, Scottsdale, Arizona, 85256

Capital Commentary
- by Kirk Willison
kwillison@archmi.com
www.archmi.com
Direct 202-714-8606

If scorching summer temperatures weren’t bad enough, the housing finance industry is hot under the collar due to new bank capital requirements, found in the so-called Basel 3 Endgame, for home loans held in portfolio.

In this issue, Capital Commentary does a deep dive into the potential ramifications of the new capital proposal and bids adieu to a giant in the mortgage industry.

Why should you care?

• Pete Mills, Senior Vice President, Residential Policy & Member Engagement of the Mortgage Bankers Association, offers a primer here.

1-Big Thing: Will Banks Lockdown Mortgage Lending?

Housing experts are fearful that large banks will significantly pull back on home lending due to proposed new capital requirements for residential mortgages.

• U.S. bank regulators - the Federal Reserve, FDIC and OCC - released their Basel III Endgame proposal in late July, establishing leverage ratios and higher capital-reserve targets for the 30 largest commercial banks (those over $100 billion in assets).

Why it matters: The proposed levels - in some situations twice as high as existing requirements and well above requirements for banks overseas - will make it more expensive for banks to hold mortgages.

• Lower-income and minority home-loan seekers would bear the brunt if banks determine their capital is better used for other types of lending rather than home mortgages.

By the numbers: The proposal adds 20 percentage points to each of the corresponding Basel III risk weights agreed to by international bank regulators.

Keep reading