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The OCC, FRB, and FDIC issued a notice of proposed rulemaking to simplify certain aspects of the generally applicable capital framework with the goal of meaningfully reducing regulatory burden on community banking organizations while at the same time maintaining safety and soundness and the quality and quantity of regulatory capital in the banking system.  Specifically, this proposed rule would revise the regulatory capital requirements for concentrations of mortgage servicing assets (MSA), temporary difference deferred tax assets (DTA), and holdings of regulatory capital instruments issued by other financial institutions; and it would simplify the current limitations on minority interest includable in regulatory capital. In addition, the proposed rule would make certain technical amendments to capital requirements applicable all banks. This proposal also included revisions to the treatment of high volatility commercial real estate (HVCRE) exposures. However, the HVCRE portion of this proposal was subsequently superseded by section 214 of the Economic Growth, Regulatory Reform, and Consumer Protection Act.