12 CFR 244; effective
February 23, 2015
Subpart A—Authority, Purpose,
Scope, and Definitions
Subpart B—Credit Risk Retention
- Section
-
Base risk retention requirement
-
Standard risk retention
-
Revolving pool securitizations
-
Eligible ABCP conduits
-
Commercial mortgage-backed
securities
-
Federal National Mortgage
Association and Federal Home Loan Mortgage Corporation ABS
-
Open market CLOs
-
Qualified tender option
bonds
Subpart C—Transfer of Risk Retention
Subpart D—Exceptions and Exemptions
- Section
-
Exemption for qualified
residential mortgages
-
Definitions applicable to
qualifying commercial loans, commercial real estate loans, and automobile
loans
-
Qualifying commercial loans,
commercial real estate loans, and automobile loans
-
Underwriting standards
for qualifying commercial loans
-
Underwriting standards
for qualifying CRE loans
-
Underwriting standards for
qualifying automobile loans
-
General exemptions
-
Safe harbor for certain
foreign-related transactions
-
Additional exemptions
-
Periodic review of the
QRM definition, exempted three-to-four unit residential mortgage loans,
and community-focused residential mortgage exemption
AUTHORITY:
12 U.S.C. 221 et seq., 1461 et seq., 1818, 1841 et
seq., 3103 et seq., and 15 U.S.C. 78o-11.
