Blaine Luetkemeyer, risk based capital, mortgage servicing Rep. Blaine Luetkemeyer (R-Mo.) has introduced a billthat would provide the NCUA with more time to assess the impact ofthe revised risk-based capital proposal on mortgage servicing assets.

Part of the “Community Lending Enhancement and Regulatory ReliefAct of 2015” requires the NCUA to conduct a mortgage servicingassets study and report back to Congress within one year.

NAFCU said in a press release that the bill would specificallydirect the NCUA to examine the history of the market, the riskassociated with mortgage servicing assets and regulatory approachesto addressing related risk other than through capital.

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