SERVICING ASSETS: Federal banking regulators doubled to 100% the amount of servicing assets-including purchased credit card relationships-that banks and thrifts may count as Tier 1 capital. Purchased credit card relationships and non-mortgage-servicing assets may make up no more than 25% of Tier 1 capital, and all servicing assets must be discounted by 10%. Published Aug. 10. Effective Oct. 1, but early adoption is permitted.
TRIBAL LENDING: The Office of the Comptroller of the Currency on Aug. 5 issued guidance to help Native American tribes open or acquire national banks.