FHFA proposes amendments to stress testing rule

This story appeared in Bank Digest.                                   

The Federal Housing Finance Agency is proposing amendments to its stress testing rule, consistent with Section 401 of the Economic Growth, Regulatory Relief, and Consumer Protection Act, that would revise the minimum threshold for the regulated entities to conduct stress tests from $10 billion to $250 billion, remove the requirements for Federal Home Loan Banks subject to stress testing, and remove the adverse scenario from the list of required scenarios. The proposed rule would also make certain conforming and technical changes. Comments must be received by Jan. 15, 2020.