Lending and Leasing

FSR Advocates on behalf of members that provide consumer and small business loans and leases, mortgage lending and servicing, as well as members that invest in these assets.

FSR Urges Obama to Press Congress for Housing Finance Reform

January 8, 2015

Washington, DC— The President and Congress should make housing finance reform that winds down Fannie and Freddie a priority this Congress, said the Financial Services Roundtable (FSR) following President Obama’s speech today on housing, including an announcement that the Federal Housing Administration (FHA) will lower its annual mortgage insurance premiums.

Potential Restrictions to Physical Commodity Activities Will Drive Up Prices for Consumers

April 17, 2014

“State laws already adequately regulate insurance companies, including commodities activities. The Federal Reserve does not need to burden the system by duplicating those safeguards,” said FSR VP and Senior Counsel of Legislative & Regulatory Affairs Rich Foster. “Such duplicative regulations are unnecessary and they will not only slow business expansion but will also result in higher prices for common household goods.”

Comment Letter re: Physical Commodities Activities of Financial Holding Companies ANPR, 4-16-14

April 16, 2014

The Financial Services Roundtable welcomes the opportunity to provide comments on the above-cited advanced notice of proposed rulemaking (“ANPR”) issued by the Board of Governors of the Federal Reserve System on January 21, 2014. The ANPR requests public comment on various issues related to physical commodities activities conducted by financial holding companies and the restrictions imposed on these activities to ensure they are conducted in a safe and sound manner and consistent with applicable law.