Part 246 - CREDIT RISK RETENTION  


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