AG LENDING: The OCC is expected to issue guidance in the next several weeks on how to classify certain types of agricultural loans, in light of recent market swings.

RISK-BASED CAPITAL: The Office of Federal Housing Enterprise Oversight is readying a proposal that would create risk-based capital standards for Fannie Mae and Freddie Mac. The proposal must be approved by the Office of Management and Budget and then by Congress before being published for public comment, possibly in the latter half of 1999. A draft version is currently under review at the OMB.

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