Risk Retention Rule definition

Risk Retention Rule. Regulation RR, 12 C.F.R. Part 244.
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Examples of Risk Retention Rule in a sentence

  • CREDIT RISK RETENTIONThe Certificates satisfy the requirements of the Credit Risk Retention Rule (12 C.F.R. Part 1234) jointly promulgated by the Federal Housing Finance Agency (“FHFA”), the SEC and several other federal agencies.

  • Credit Risk RetentionFreddie Mac, as the sponsor of the securitization in which the WI Certificates are to be issued, will satisfy its credit risk retention requirement under the Credit Risk Retention Rule of the Federal Housing Finance Agency (“FHFA”) at 12 C.F.R. Part 1234 pursuant to Section 1234.8 thereof.

  • Under the Risk Retention Rule, any Third Party Purchaser is prohibited from being Risk Retention Affiliated with, among other persons, the Master Servicer, the Trustee, the Certificate Administrator, the Operating Advisor or the Asset Representations Reviewer.

  • However there are some practical day to day issues that are of concern to staff which are detailed below, along with proposed responses provided by management in an effort to remedy their concerns: Details of the issueManagement responseAdditional travelling costs and travelling time employees will incur as aconsequence of the Regional Adoption Agency proposalsSome staff will be expected to be based at Bolton under these proposals for either part or whole of their working week.

  • The Credit Risk Retention Rule was jointly issued by the Federal Deposit Insurance Corporation (‘‘FDIC’’), the Office of the Comptroller of the Currency (‘‘OCC’’), the Federal Reserve Board (‘‘Board’’), the Securities and Exchange Commission (‘‘Commission’’) and, with respect to the portions of the Rule addressing the securitization of residential mortgages, the Federal Housing Finance Agency (‘‘FHFA’’) and the Department of Housing and Urban Development (‘‘HUD’’).

  • Because only the Commission and the Board codified the open-market CLO risk retention rules in their respective titles of the Code of Federal Regulations, see Credit Risk Retention Rule, 79 Fed.

  • For example, the three-percent cap, as currently proposed in Regulation Z and the Credit Risk Retention Rule, could be applied not only to unfair, consumer paid fees, but also to not-for-profit organizations' efforts to help their clients permanently buy-down, on favorable terms, loan interest rates to very low levels.

  • Although the Credit Risk Retention Rule will not become effective until two years after the date of publication thereof in the U.S. Federal Register, it could limit the ability of the Issuer to issue additional Notes or undertake any Refinancing after the Effective Date.

  • A meeting of the Project Monitoring Committee to review the progress of construction of Dr. Ambedkar National Memorial at 26 Alipur Road, New Delhi, was held on 04/09/2017.

  • Further, when the multi-agency risk retention rule was implemented in 2014, it was clear that risk retention would “provide securitizers an incentive to monitor and ensure the quality of the securitized assets underlying a securitization transaction, and, thus, helps align the interests of the securitizer with the interests of investors.” Credit Risk Retention Rule, 79 Fed.

Related to Risk Retention Rule

  • Risk Retention Rules means the joint final rule that was promulgated to implement the Risk Retention Requirements (which such joint final rule has been codified, inter alia, at 17 C.F.R. § 246), as such rule may be amended from time to time, and subject to such clarification and interpretation as have been provided by the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, the Commission and the Department of Housing and Urban Development in the adopting release (79 Fed. Reg. 77601 et seq.) or by the staff of any such agency, or as may be provided by any such agency or its staff from time to time, in each case, as effective from time to time as of the applicable compliance date specified therein.

  • U.S. Risk Retention Rules means the federal interagency credit risk retention rules, codified at 17 C.F.R. Part 246.

  • Credit Risk Retention Rules shall have the meaning set forth in Section 4.9(a).

  • Common Rule means the "Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments; Final Rule" originally issued at 53 FR 8034-8103 (March 11, 1988). Other common rules will be referred to by their specific titles.

  • Auction Rules means the West Bengal Minor Mineral (Auction) Rules, 2016.

  • Common Rules means the rules and regulations specified in Schedule [G] to be observed by the Apartment Acquirers for the common, peaceful, effective and harmonious use and enjoyment of the Project;

  • Risk Retention Letter As described in the Offering Circular, that certain letter agreement entered into by Xxxxxxx Mac, dated as of the Closing Date.

  • Accretion Direction Rule Not applicable.

  • Mediation Rules As defined in Section 2.03(h)(i).

  • Evaluation rubric means a set of criteria, measures, and processes used to evaluate all teaching staff members in a specific school district or local education agency. Evaluation rubrics consist of measures of professional practice, based on educator practice instruments and student outcomes. Each Board of Education will have an evaluation rubric specifically for teachers, another specifically for Principals, Vice Principals, and Assistant Principals, and evaluation rubrics for other categories of teaching staff members.

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Arbitration Rules means the AAA’s Commercial Arbitration Rules and Mediation Procedures.

  • Breach Notification Rule means the HIPAA Regulation that is codified at 45 C.F.R. Parts 160 and 164, Subparts A and D.

  • Risk retention group means any corporation or other limited liability association:

  • Texas Grant Management Standards or “TxGMS” means uniform grant and contract administration procedures, developed under the authority of Chapter 783 of the Texas Government Code, to promote the efficient use of public funds in local government and in programs requiring cooperation among local, state, and federal agencies. Under this Grant Agreement, TxGMS applies to Grantee except as otherwise provided by applicable law or directed by System Agency. Additionally, except as otherwise provided by applicable law, in the event of a conflict between TxGMS and applicable federal or state law, federal law prevails over state law and state law prevails over TxGMS.

  • Investment Policy means the investment policy from time to time determined by the Commission under the Rules;

  • Business Continuity Plan means any plan prepared pursuant to clause H5.6, as may be amended from time to time.

  • Model Rules means the State of Oregon’s Attorney General’s model rules of procedure for Public Contracting, which are set forth in OAR Chapter 137, divisions 46, 47, 48, and 49, and required under ORS 279A.065.

  • Risk Retention Consultation Party means each risk retention consultation party appointed pursuant to the Lead Securitization Servicing Agreement.

  • Risk Management Policy means the Risk Management Policy of the Borrower in effect on the date of this Agreement as amended from time to time.

  • R&W Policy means any buyer-side representations and warranties insurance policy purchased by a Buyer or an Affiliate thereof in connection with this Agreement on or before the Closing Date.

  • Group Policy /”policy” means the breakdown policy as set out in this document;

  • freezing of economic resources means preventing the use of economic resources to obtain funds, goods or services in any way, including, but not limited to, by selling, hiring or mortgaging them;

  • Tariff Policy means a Tariff Policy adopted by the Council in terms of Section 74 of the Local Government: Municipal Systems Act 32 of 2000.

  • Uniform Grant Management Standards or “UGMS” means uniform grant and contract administration procedures, developed under the authority of Chapter 783 of the Texas

  • Foster care means substitute care furnished on a 24-hour-a-day basis to an eligible child in a licensed or approved facility by a person or agency other than the child’s parent or guardian but does not include care provided in a family home through an informal arrangement for a period of 20 days or less. Child foster care shall include but is not limited to the provision of food, lodging, training, education, supervision, and health care.