Washington Report

Advocacy Updates from Washington D.C.

The Basel Committee on Banking Supervision recently published a consultative document titled, “Standards Revisions to the Standardised Approach for credit risk.” The proposal contained several provisions that would be harmful to commercial real estate if enacted. NAR signed onto a comment letter highlighting the potential challenges to commercial real estate and calling on the Committee to rethink its approach. The other signers of the letter included the Mortgage Bankers Association (MBA), the National Association of Real Estate Investment Trusts (NAREIT), and the Real Estate Roundtable, among others.

Read the letter

Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.