Regulatory Alerts2021-12-20 | 2021-27561Added
Credit Risk Retention-Notification of Determination of Review
The OCC, Board, FDIC, SEC, FHFA, and HUD have completed a statutory review of the Credit Risk Retention Regulations' definitions for 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 have not materially hindered credit availability. Consequently, the agencies have decided not to propose any changes to the qualified residential mortgage definition or the associated exemptions at this time.
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