OCC, Agencies Extend Review Period for Credit Risk Retention Regulations

Summary

The Office of the Comptroller of the Currency (OCC), along with the Federal Deposit Insurance Corporation (FDIC), the Federal Housing Finance Agency (FHFA), the Federal Housing Administration (HUD), and the Federal Reserve Board (Commission), are extending the review period for the definition of qualified residential mortgage, community-focused residential mortgage exemption, and qualifying three-to-four unit residential mortgage loans as outlined in the Credit Risk Retention Regulations.