Title 12

PART 43 Part 43 - Credit Risk Retention

PART 43 - CREDIT RISK RETENTION Authority:12 U.S.C. 1 et seq., 93a, 161, 1464, 1818, 5412(b)(2)(B), and 15 U.S.C. 78o-11. Source:79 FR 77740, 77764, Dec. 24, 2014, unless otherwise noted.

Authority: 12 U.S.C. 1 et seq., 93a, 161, 1464, 1818, 5412(b)(2)(B), and 15 U.S.C. 78o-11.
Source: 79 FR 77740, 77764, Dec. 24, 2014, unless otherwise noted.

12:1.0.1.1.38.1	SUBPART A	Subpart A - Authority, Purpose, Scope and Definitions
12:1.0.1.1.38.1.28.1	SECTION 43.1	43.1 Authority, purpose, scope, and reservation of authority.
12:1.0.1.1.38.1.28.2	SECTION 43.2	43.2 Definitions.
12:1.0.1.1.38.2	SUBPART B	Subpart B - Credit Risk Retention
12:1.0.1.1.38.2.28.1	SECTION 43.3	43.3 Base risk retention requirement.
12:1.0.1.1.38.2.28.2	SECTION 43.4	43.4 Standard risk retention.
12:1.0.1.1.38.2.28.3	SECTION 43.5	43.5 Revolving pool securitizations.
12:1.0.1.1.38.2.28.4	SECTION 43.6	43.6 Eligible ABCP conduits.
12:1.0.1.1.38.2.28.5	SECTION 43.7	43.7 Commercial mortgage-backed securities.
12:1.0.1.1.38.2.28.6	SECTION 43.8	43.8 Federal National Mortgage Association and Federal Home Loan Mortgage Corporation ABS.
12:1.0.1.1.38.2.28.7	SECTION 43.9	43.9 Open market CLOs.
12:1.0.1.1.38.2.28.8	SECTION 43.10	43.10 Qualified tender option bonds.
12:1.0.1.1.38.3	SUBPART C	Subpart C - Transfer of Risk Retention
12:1.0.1.1.38.3.28.1	SECTION 43.11	43.11 Allocation of risk retention to an originator.
12:1.0.1.1.38.3.28.2	SECTION 43.12	43.12 Hedging, transfer and financing prohibitions.
12:1.0.1.1.38.4	SUBPART D	Subpart D - Exceptions and Exemptions
12:1.0.1.1.38.4.28.1	SECTION 43.13	43.13 Exemption for qualified residential mortgages.
12:1.0.1.1.38.4.28.2	SECTION 43.14	43.14 Definitions applicable to qualifying commercial loans, qualifying commercial real estate loans, and qualifying automobile loans.
12:1.0.1.1.38.4.28.3	SECTION 43.15	43.15 Qualifying commercial loans, commercial real estate loans, and automobile loans.
12:1.0.1.1.38.4.28.4	SECTION 43.16	43.16 Underwriting standards for qualifying commercial loans.
12:1.0.1.1.38.4.28.5	SECTION 43.17	43.17 Underwriting standards for qualifying CRE loans.
12:1.0.1.1.38.4.28.6	SECTION 43.18	43.18 Underwriting standards for qualifying automobile loans.
12:1.0.1.1.38.4.28.7	SECTION 43.19	43.19 General exemptions.
12:1.0.1.1.38.4.28.8	SECTION 43.20	43.20 Safe harbor for certain foreign-related transactions.
12:1.0.1.1.38.4.28.9	SECTION 43.21	43.21 Additional exemptions.
12:1.0.1.1.38.4.28.10	SECTION 43.22	43.22 Periodic review of the QRM definition, exempted three-to-four unit residential mortgage loans, and community-focused residential mortgage exemption.