Skip to main content

Credit Risk Retention-Notification of Extension of Review Period

Notice Details
Type
Notice
Number
2019-N-7
Group
Fannie Mae
Freddie Mac
FHL Banks
Document Number
2021–15424
Federal Register Publish Date
07/22/2021
Federal Register Citation
86 FR 38607
PDF Format
Comment Status
Closed
CFR
12 CFR Part 1234

Credit Risk Retention-Notification of Extension of Review Period

Contact Information

​FOR FURTHER INFORMATION CONTACT: Ron Sugarman, Principal Policy Analyst, Office of Capital Policy, (202) 649-3208, Ron.Sugarman@fhfa.gov, or Peggy K. Balsawer, Associate General Counsel, Office of General Counsel, (202) 649-3060, Peggy.Balsawer@fhfa.gov, Federal Housing Finance Agency, Constitution Center, 400 7th Street SW, Washington, DC 20219. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.​

Summary

​SUMMARY: The FHFA, OCC, Board, FDIC, Commission, and HUD (the agencies) are providing notice of the extension of the period for the review, and publication of determination of the review, of the definition of qualified residential mortgage; the community-focused residential mortgage exemption; and the exemption for qualifying three-to-four unit residential mortgage loans, in each case as currently set forth in the Credit Risk Retention Regulations (as defined below) as adopted by the agencies.

DATES: The period for completion of the review of the subject residential mortgage provisions and publication of notice disclosing the determination of this review is extended until December 20, 2021. Notice of the commencement of the review was published on December 20, 2019 (84 FR 70073), and notice of the extension of the review and of publication of the determination was published on June 30, 2020 (85 FR 39099).