; (2) by striking the period and inserting ; and ; and (3) by adding at the end the following: (B) does not include an issuer, if such issuer is described under subparagraph (A) solely because such issuer issues asset-backed securities (as such term is defined under section 3(a) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78c(a) )). . 404. Mortgages in qualified securities Section 129C of the Truth in Lending Act ( 15 U.S.C. 1639c ) is amended by adding at the end the following: (j) Mortgages in qualified securities This section and any regulations promulgated under this section do not apply to a mortgage serving as collateral for a qualified security, as such term is defined under section 321 of the Protecting American Taxpayers and Homeowners Act of 2018. . 405. Mortgage loans held in portfolio (a) Home Mortgage Disclosure Act of 1975 Section 304(g) of the Home Mortgage Disclosure Act of 1975 ( 12 U.S.C. 2803(g) ) is amended— (1) in paragraph (1), by striking and at the end; (2) in paragraph (2), by striking the period and inserting ; and ; and (3) by adding at the end the following: (3) made by the creditor, so long as such loan appears on the balance sheet of such creditor. . (b) Truth in Lending Act The Truth in Lending Act ( 15 U.S.C. 1601 et seq.), as amended by the preceding provisions of this Act, is further amended— (1) in section 129C ( 15 U.S.C. 1639c ), by adding at the end the following: (k) Mortgage loans held in portfolio This section and any regulations promulgated under this section do not apply to a residential mortgage loan made by the creditor so long as such loan appears on the balance sheet of such creditor.