Toxic Loans A proposal by the Federal Deposit Insurance Corp. to host an auction of legacy loans that could receive bids from public-private investment funds. The FDIC would guarantee debt issued by the funds to add leverage to the purchases from banks. Published March 26 on the agency's Web site. Comments due April 10.SAR Sharing A proposal by the Financial Crimes Enforcement Network that would let banks share suspicious activity reports with certain affiliates. The proposal would permit sharing within a corporate organizational structure, provided the affiliate is subject to regulation by Fincen or the federal banking agencies. Published March 9 in the Federal Register, with comments due June 8.
FHLB Capital An interim rule by the Federal Housing Finance Agency to reform the capital classifications of the Federal Home Loan banks. Under the rule, the banks are considered "undercapitalized" if their capital is between 3% and 4% of assets, "significantly undercapitalized" with ratios between 2% and 3% and "critically undercapitalized" if the ratio falls below 2%. Published Jan. 30. Comment deadline extended to May 15.