Peptides of the corticotropin-releasing factor (CRF) family signal through the activation of two receptors, CRF receptor type 1 (CRFR1) and type 2 (CRFR2), both of which exist as multiple splice variants. We have identified a cDNA from mouse brain encoding a splice variant, soluble CRFR2␣ (sCRFR2␣), in which exon 6 is deleted from the gene encoding CRFR2␣. Translation of this isoform produces a predicted 143-aa soluble protein. The translated protein includes a majority of the first extracellular domain of the CRFR2␣ followed by a unique 38-aa hydrophilic C terminus resulting from a frame shift produced by deletion of exon 6. By using RT-PCR and Southern hybridization, the relative mRNA expression levels of full-length (seven transmembrane domains) CRFR2␣ and the soluble form (sCRFR2␣) in the mouse brain were measured with a single reaction. The results demonstrate high levels of expression of sCRFR2␣ in the olfactory bulb, cortex, and midbrain regions. A rabbit antiserum raised against a synthetic peptide fragment encoding the unique C terminus revealed specific sCRFR2␣ immunoreactivity in mouse brain slices by immunohistochemistry and in extracts of brain regions by RIA. Interestingly, the sCRFR2␣ immunoreactivity distribution closely approximated that of CRFR1 expression in rodent brain. A protein corresponding to sCRFR2␣, expressed and purified from either mammalian or bacterial cell systems, binds several CRF family ligands with low nanomolar affinities. Furthermore, the purified sCRFR2␣ protein inhibits cellular responses to CRF and urocortin 1. These data support a potential role of the sCRFR2␣ protein as a possible biological modulator of CRF family ligands.urocortins ͉ binding protein ͉ decoy receptor T he hypothalamic hypophysiotropic peptide corticotropin releasing factor (CRF), originally isolated from the hypothalamus (1), plays an important role in the regulation of the hypothalamopituitary-adrenal axis under basal and stress conditions (2, 3). Furthermore, CRF acts to integrate endocrine, autonomic and behavioral responses to stressors (2-4). The mammalian CRF peptide family comprises urocortin (Ucn) 1 (5) and the peptides Ucn 2 and Ucn 3, which are also known as stresscopin-related peptide (6, 7) and stresscopin (7, 8), respectively.The effects of CRF-related peptides are mediated through the activation of two high-affinity membrane receptors, CRF receptors (CRFRs) 1 (9-11) and 2 (12-16), which belong to the B1 subfamily of seven-transmembrane-domain receptors that signal by coupling to G proteins. One functional variant of the CRFR1 gene is expressed in humans and rodents, along with several nonfunctional variants, which are produced by differential splicing of various exons (17,18). The CRFR2 has three functional splice variants in human (␣, , and ␥) and two rodent variants (␣ and ) that are produced by the use of alternate 5Ј exons (12-16, 18, 19).CRFR1 mRNA is widely expressed in mammalian brain and pituitary, with high levels found in the anterior pituitary, cerebral cortex, cerebellum, am...