1. Loans held on portfolio treated as qualified mortgages
Section 129C(b)(2) of the Truth in Lending Act (15 U.S.C. 1639c(b)(2)) is amended by adding at the end the following:
“(F) Loans held on portfolio—The term “qualified mortgage” includes a residential mortgage loan made by a creditor having less than $10,000,000,000 in total assets so long as such loan appears on the balance sheet of such creditor.”