Title 17, Part 246 — Credit Risk Retention
22 sections
Section 246.1
Purpose, scope, and authority.
Section 246.2
Definitions.
Section 246.3
Base risk retention requirement.
Section 246.4
Standard risk retention.
Section 246.5
Revolving pool securitizations.
Section 246.6
Eligible ABCP conduits.
Section 246.7
Commercial mortgage-backed securities.
Section 246.8
Federal National Mortgage Association and Federal Home Loan Mortgage Corporation ABS.
Section 246.9
Open market CLOs.
Section 246.10
Qualified tender option bonds.
Section 246.11
Allocation of risk retention to an originator.
Section 246.12
Hedging, transfer and financing prohibitions.
Section 246.13
Exemption for qualified residential mortgages.
Section 246.14
Definitions applicable to qualifying commercial loans, qualifying commercial real estate loans, and qualifying automobile loans.
Section 246.15
Qualifying commercial loans, commercial real estate loans, and automobile loans.
Section 246.16
Underwriting standards for qualifying commercial loans.
Section 246.17
Underwriting standards for qualifying CRE loans.
Section 246.18
Underwriting standards for qualifying automobile loans.
Section 246.19
General exemptions.
Section 246.20
Safe harbor for certain foreign-related transactions.
Section 246.21
Additional exemptions.
Section 246.22
Periodic review of the QRM definition, exempted three-to-four unit residential mortgage loans, and community-focused residential mortgage exemption