Title 12

PART 244

Part 244 - Credit Risk Retention (regulation Rr)

PART 244 - CREDIT RISK RETENTION (REGULATION RR) Authority:12 U.S.C. 221 et seq., 1461 et seq., 1818, 1841 et seq., 3103 et seq., and 15 U.S.C. 78o-11. Source:79 FR 77740, 77764, Dec. 24, 2014, unless otherwise noted.

12:4.0.1.1.14.1SUBPART A
Subpart A - Authority, Purpose, Scope and Definitions
12:4.0.1.1.14.1.1.1SECTION 244.1
   244.1 Authority, purpose, and scope.
12:4.0.1.1.14.1.1.2SECTION 244.2
   244.2 Definitions.
12:4.0.1.1.14.2SUBPART B
Subpart B - Credit Risk Retention
12:4.0.1.1.14.2.1.1SECTION 244.3
   244.3 Base risk retention requirement.
12:4.0.1.1.14.2.1.2SECTION 244.4
   244.4 Standard risk retention.
12:4.0.1.1.14.2.1.3SECTION 244.5
   244.5 Revolving pool securitizations.
12:4.0.1.1.14.2.1.4SECTION 244.6
   244.6 Eligible ABCP conduits.
12:4.0.1.1.14.2.1.5SECTION 244.7
   244.7 Commercial mortgage-backed securities.
12:4.0.1.1.14.2.1.6SECTION 244.8
   244.8 Federal National Mortgage Association and Federal Home Loan Mortgage Corporation ABS.
12:4.0.1.1.14.2.1.7SECTION 244.9
   244.9 Open market CLOs.
12:4.0.1.1.14.2.1.8SECTION 244.10
   244.10 Qualified tender option bonds.
12:4.0.1.1.14.3SUBPART C
Subpart C - Transfer of Risk Retention
12:4.0.1.1.14.3.1.1SECTION 244.11
   244.11 Allocation of risk retention to an originator.
12:4.0.1.1.14.3.1.2SECTION 244.12
   244.12 Hedging, transfer and financing prohibitions.
12:4.0.1.1.14.4SUBPART D
Subpart D - Exceptions and Exemptions
12:4.0.1.1.14.4.1.1SECTION 244.13
   244.13 Exemption for qualified residential mortgages.
12:4.0.1.1.14.4.1.2SECTION 244.14
   244.14 Definitions applicable to qualifying commercial loans, qualifying commercial real estate loans, and qualifying automobile loans.
12:4.0.1.1.14.4.1.3SECTION 244.15
   244.15 Qualifying commercial loans, commercial real estate loans, and automobile loans.
12:4.0.1.1.14.4.1.4SECTION 244.16
   244.16 Underwriting standards for qualifying commercial loans.
12:4.0.1.1.14.4.1.5SECTION 244.17
   244.17 Underwriting standards for qualifying CRE loans.
12:4.0.1.1.14.4.1.6SECTION 244.18
   244.18 Underwriting standards for qualifying automobile loans.
12:4.0.1.1.14.4.1.7SECTION 244.19
   244.19 General exemptions.
12:4.0.1.1.14.4.1.8SECTION 244.20
   244.20 Safe harbor for certain foreign-related transactions.
12:4.0.1.1.14.4.1.9SECTION 244.21
   244.21 Additional exemptions.
12:4.0.1.1.14.4.1.10SECTION 244.22
   244.22 Periodic review of the QRM definition, exempted three-to-four unit residential mortgage loans, and community-focused residential mortgage exemption.