Dive summary:

• Residential borrowers and lenders are getting a break from stiffer capital requirements for banks under an international accord known as Basel III.
• "It is critical now that regulators re-propose Basel implementation rules that more appropriately allocate risk-weights on real estate-related assets, whether they be residential, commercial or multifamily loans and securities and/or servicing rights," David H. Stevens, president and CEO of the Mortgage Bankers Association, said.
• The rules, intended to avoid a repeat of 2008 problems, were supposed to take effect Jan. 1, but U.SD, banking already has rule changes to face, such as the Dodd-Frank changes.

From the article:

The Federal Reserve, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency issued notices Friday to postpone current regulatory capital rules for the Basel Committee on Banking Supervision until an unspecified date. ...