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MBA predicts: Banks face a real-estate finance revolution with new rules

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TLDR: The head of the Mortgage Bankers Association (MBA), Bob Broeksmit, has criticized proposed rules that would require bank lenders to hold a thicker capital buffer. Broeksmit believes that such rules would hinder bank lending and reduce liquidity in the commercial property sector. He argues that these proposed regulations, known as Basel III, could spell the end of bank real estate finance as it is currently known. Broeksmit also expressed concerns about Basel III’s policies regarding defaulted commercial real estate loans, suggesting that they do not accurately reflect the nature of the industry.

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