Residual interest.

Residual interest. (1) The term residual interest means any on-balance sheet asset that:



(3) Residual interests further include those exposures that, in substance, cause the savings association to retain the credit risk of an asset or exposure that had qualified as a residual interest before it was sold.

Source

12 CFR § 567.1


Scoping language

For the purposes of this subpart:

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