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The Capitol

WASHINGTON, DC–Last week we reported that a source told us the Senate bill to roll back the Dodd-Frank Act’s banking regulations might include a clause that would give some relief from the High Volatility Commercial Real Estate Loans, or HVCRE, rule. The bipartisan Clarifying Commercial Real Estate Loans — now called Promoting Construction And Development on Main Streetdid make it into the final bill, which was passed by the Senate. It was not completely ideal — it wound up leaving several important aspects up to the regulators, including the risk weight that should be applied to higher-risk construction lending, according to CREFC.

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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