Rumors this week that regulators would increase residential mortgage capital requirements for larger depositary banks, far exceeding international standards under the Basel III rules, have raised alarms for industry executives, analysts and trade groups. 

The consensus is that the change would primarily affect the shrinking jumbo market (loans greater than $726,200) and hurt regional banks, sources said. The first impact would be through higher rates, but a shift of origination volume from depository banks to independent mortgage banks is not to be dismissed, experts added. 

Overall, banks help inject money into the mortgage details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com