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Treatment of Financial Assets Transferred in Connection With a Securitization or Participation

FDIC · final-rule · Published 2016-06-27 · Effective 2016-07-27 · 81 FR 41422

Document

Document number: 2016-15019
Federal Register citation: 81 FR 41422
CFR reference: 12 CFR 360
Type: Rule
Action: Final rule.
Category: final-rule
Agency: US Federal Deposit Insurance Corporation
Publication date: 2016-06-27
Effective date: 2016-07-27

Abstract

The FDIC is revising a provision of its Securitization Safe Harbor Rule, which relates to the treatment of financial assets transferred in connection with a securitization or participation, in order to clarify a requirement as to loss mitigation by servicers of residential mortgage loans.

Source

Authoritative: Federal Register document
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