Title 12

PART 1234

Part 1234 - Credit Risk Retention

PART 1234 - CREDIT RISK RETENTION Authority:12 U.S.C. 4511(b), 4526, 4617; 15 U.S.C. 78o-11(b)(2). Source:79 FR 77740, Dec. 24, 2014, unless otherwise noted.

• Authority: 12 U.S.C. 4511(b), 4526, 4617; 15 U.S.C. 78o-11(b)(2).
• Source: 79 FR 77740, Dec. 24, 2014, unless otherwise noted.

12:10.0.2.2.26.1	SUBPART A	Subpart A - Authority, Purpose, Scope and Definitions
12:10.0.2.2.26.1.1.1	SECTION 1234.1	1234.1 Purpose, scope and reservation of authority.
12:10.0.2.2.26.1.1.2	SECTION 1234.2	1234.2 Definitions.
12:10.0.2.2.26.2	SUBPART B	Subpart B - Credit Risk Retention
12:10.0.2.2.26.2.1.1	SECTION 1234.3	1234.3 Base risk retention requirement.
12:10.0.2.2.26.2.1.2	SECTION 1234.4	1234.4 Standard risk retention.
12:10.0.2.2.26.2.1.3	SECTION 1234.5	1234.5 Revolving pool securitizations.
12:10.0.2.2.26.2.1.4	SECTION 1234.6	1234.6 Eligible ABCP conduits.
12:10.0.2.2.26.2.1.5	SECTION 1234.7	1234.7 Commercial mortgage-backed securities.
12:10.0.2.2.26.2.1.6	SECTION 1234.8	1234.8 Federal National Mortgage Association and Federal Home Loan Mortgage Corporation ABS.
12:10.0.2.2.26.2.1.7	SECTION 1234.9	1234.9 Open market CLOs.
12:10.0.2.2.26.2.1.8	SECTION 1234.10	1234.10 Qualified tender option bonds.
12:10.0.2.2.26.3	SUBPART C	Subpart C - Transfer of Risk Retention
12:10.0.2.2.26.3.1.1	SECTION 1234.11	1234.11 Allocation of risk retention to an originator.
12:10.0.2.2.26.3.1.2	SECTION 1234.12	1234.12 Hedging, transfer and financing prohibitions.
12:10.0.2.2.26.4	SUBPART D	Subpart D - Exceptions and Exemptions
12:10.0.2.2.26.4.1.1	SECTION 1234.13	1234.13 Exemption for qualified residential mortgages.
12:10.0.2.2.26.4.1.2	SECTION 1234.14	1234.14 Definitions applicable to qualifying commercial real estate loans.
12:10.0.2.2.26.4.1.3	SECTION 1234.15	1234.15 Qualifying commercial real estate loans.
12:10.0.2.2.26.4.1.4	SECTION 1234.16	1234.16 [Reserved]
12:10.0.2.2.26.4.1.5	SECTION 1234.17	1234.17 Underwriting standards for qualifying CRE loans.
12:10.0.2.2.26.4.1.6	SECTION 1234.18	1234.18 [Reserved]
12:10.0.2.2.26.4.1.7	SECTION 1234.19	1234.19 General exemptions.
12:10.0.2.2.26.4.1.8	SECTION 1234.20	1234.20 Safe harbor for certain foreign-related transactions.
12:10.0.2.2.26.4.1.9	SECTION 1234.21	1234.21 Additional exemptions.
12:10.0.2.2.26.4.1.10	SECTION 1234.22	1234.22 Periodic review of the QRM definition, exempted three-to-four unit residential mortgage loans, and community-focused residential mortgage exemption

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