[November 9, 1998 (Volume 63, Number 216)]
[Unified Agenda]
From the Federal Register Online via GPO Access [frwais.access.gpo.gov]
[DOCID:ua09no98_052-26]
[Page 62704-62705]
FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC)          Completed Actions
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4468. CAPITAL MAINTENANCE--TREATMENT OF SERVICING ASSETS
Priority:  Substantive, Nonsignificant
Legal Authority:  12 USC 1815(a); 12 USC 1815(b); 12 USC 1816; 12 USC
1818(a); 12 USC 1818(b); 12 USC 1818(c); 12 USC 1818(t); 12 USC 1819
(Tenth); 12 USC 1828(c); 12 USC 1828(d); 12 USC 1828(i); 12 USC
1828(o); 12 USC 1828(n); 12 USC 1831o; 12 USC 3907
[[Page 62705]]
CFR Citation:  12 CFR 325
Legal Deadline: None
Abstract: This rulemaking is sponsored jointly by the OCC, the FRS, OTS
and the FDIC. The agencies propose to amend their capital adequacy
standards for banks, bank holding companies, and savings associations
(banking organizations) to address the treatment of servicing assets on
both mortgage assets and financial assets other than mortgages (non-
mortgages).
Timetable:
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Action                            Date                      FR Cite
________________________________________________________________________
NPRM                            08/04/97                    62 FR 42005
NPRM Comment Period End         10/03/97
Final Action                    08/10/98                    63 FR 42668
Final Action Effective          10/01/98
Regulatory Flexibility Analysis Required: No
Government Levels Affected: None
Agency Contact: Stephen G. Pfeifer, Examination Specialist, Division of
Supervision, Federal Deposit Insurance Corporation, Washington, DC
20429
Phone: 202 898-8904
RIN: 3064-AC07
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Last Updated 04/25/1997 regs@fdic.gov