Real Estate Legislation Set to Clarify the Basel Rule and Aid Economic Growth
Bipartisan legislation (H.R. 2148) introduced last week by Rep. Robert Pittenger (R-NC) and Rep. David Scott (D-GA) would help clarify and reform the Basel III High Volatility Commercial Real Estate (HVCRE) Rule, which is negatively affecting certain commercial real estate loans and impairing economic growth. The bill is supported by The Real…
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