WASHINGTON - Starting today, banks and thrifts may count originated mortgage servicing rights as capital.

Federal regulators announced the change last Friday to bring bank capital standards in line with Financial Accounting Standard 122, which eliminated the distinction between originated and purchased mortgage servicing rights.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.