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Credit Risk Retention-Commencement of Review; Extension of Review Period

Notice Details
Type
Notice
Number
2019–N–7
Group
Fannie Mae
FHL Banks
Freddie Mac
Document Number
2020-13830
Federal Register Publish Date
06/30/2020
Federal Register Citation
85 FR 39099
PDF Format
CFR
12 CFR Part 1234

Credit Risk Retention-Commencement of Review; Extension of Review Period

Contact Information

​FOR FURTHER INFORMATION CONTACT: Ron Sugarman, Principal Policy Analyst, Office of Financial Analysis, Modeling and Simulations, (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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.​

Related Documents
CRR-12-20-19.pdf
Summary

​SUMMARY: The OCC, Board, FDIC, Commission, FHFA, 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 communityfocused residential mortgage exemption; and the exemption for qualifying threeto-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 determination of this review is extended until June 20, 2021.