The Federal Reserve Board, the Office of the Comptroller of the Currency and the FDIC's (collectively, the "agencies") proposal to amend the definition of "high volatility commercial real estate (HVCRE) exposure" in the agencies' respective regulatory capital rules was published in the Federal Register. Comments must be received by November 27, 2018.
As previously covered, the amendments are intended to conform the proposed definition of "high volatility commercial real estate acquisition, development, or construction (HVCRE ADC) loan" to the requirements of Section 214 of the Economic Growth, Regulatory Relief, and Consumer Protection Act.
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