As commercial real estate lenders, life insurance companies have a unique approach on dealing with potential losses or loan loss reserves in their mortgage loans holdings.  Unlike bank mortgage lenders, who apply their risk based capital requirements on a loan level basis, life insurance companies use an approach that applies at the portfolio level (called

Answer: badly. The Federal Reserve’s new rule on regulatory capital requirements for banks will be announced in the next couple of days.  It probably will mean less money for commercial real estate. The scope of this new rule will help the banks (by requiring them to hold more in reserve) but it could hurt the

The NAIC is the association of state insurance regulators.  It acts as a guide to state insurance commissioners, who in turn regulate insurance companies and their respective balance sheets and investments.

Last year, the NAIC hired PIMCO to assist in the risk-based capital ("RBC") modeling of residential mortgage-backed securities (and accompanying solvency requirements).

Below I

(This is a little out of order, in that in our Monday blog we covered in "real time" the Opening Session and today [Tuesday] we cover the Sunday committee meetings.  But then this is a blog, which is a bit different any way.  So, here is our summary of the Sunday committee meetings.)

Although separate servicing and