Regulatory Alerts2021-12-20 | 2021-27561Credit Risk Retention-Notification of Determination of Review
The OCC, Board, FDIC, SEC, FHFA, and HUD jointly announced the results of their statutory review of the Credit Risk Retention Regulations concerning qualified residential mortgages and related exemptions. After analyzing market data and public comments, the agencies determined that the current definitions remain predictive of lower default risk and decided not to propose any changes at this time. This notification confirms that the existing regulatory framework continues to effectively align securitizer interests with investors without materially hindering mortgage credit availability.
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