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