By Neil Roland ( July 8, 2026, 21:30 GMT | Insight) -- US banking regulators should modify their planned Basel III capital requirements to enable more access to home mortgages for first-time and working-class buyers, a Republican and Democratic lawmaker said. The change to the March 2026 proposal would require more insurance relief for buyers with low down payments, also known as high loan-to-value (LTV) ratios, said Representatives Andy Barr, a Kentucky Republican, and Brad Sherman, a California Democrat. "Homebuyers and the broader financial system would be better served if the US regulatory framework encourages greater bank participation in the mortgage market," the House Financial Services Committee lawmakers said.US banking regulators should modify their planned Basel III capital requirements to enable more access to home mortgages for first-time and working-class buyers, a Republican and Democratic lawmaker said....
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