President and CEO Bob Broeksmit Letter to Banking Agency Leadership on MBA’s Opposition to Interagency Proposed Bank Capital Rule
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The Mortgage Bankers Association (MBA) strongly urges you to vote against the proposed interagency Notice of Proposed Rulemaking implementing the Basel III “endgame” rule, which is set for consideration on July 27. The rule is expected to impose a 15 to 20 percent increase in capital requirements for larger institutions.
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