Corrections: 07/22/97 issue

An article and headline on page 2 last Wednesday misstated the effect of a proposal by federal regulators to double, to 100% of Tier 1 capital, the cap on mortgage servicing assets a bank could use without penalty to meet capital requirements. Servicing assets exceeding that limit would have to be deducted from Tier 1 capital.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER