The OCC’s Community Developments Insights newsletter published today focuses on how banks can support the market for small multifamily rental housing. The newsletter explores how affordable housing qualifies for Community Reinvestment Act consideration, how banks can work together to finance affordable multifamily housing through consortiums, how secondary market options work, how to overcome underwriting challenges and other topics.
FDIC tables proposals concerning regulatory review of bank control
The FDIC Board today two resolutions concerning bank control after both failed to gain majority support, with their sponsors promising...