Code · BILL · 113th Congress · H.R. 2767 (Introduced in House) — To protect American taxpayers and homeowners by creating a sustainable housing finance system for the 21st century. · Sec. 321

Sec. 321. Qualified securities

71 words·~1 min read·/bill/113/hr/2767/ih/section-321

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

For purposes of this subtitle, the term qualified security means a security that— is collateralized by a class, or multiple classes, of residential mortgages established under section 322(a); is issued in accordance with a standard form securitization agreement under section 322(b); is issued by a qualified issuer in accordance with section 322(g); is issued through the Platform; and is not guaranteed, in whole or in part, by the United States Government.