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| FDIC | RIN: 3064-AE38 | Publication ID: Fall 2015 |
| Title: ●Notice of Proposed Rulemaking to Revise Section 360.6 Relating to the Treatment of Financial Assets Transferred in Connection With a Securitization or Participation | |
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Abstract:
The FDIC is proposing a rule that would revise 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. |
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| Agency: Federal Deposit Insurance Corporation(FDIC) | Priority: Substantive, Nonsignificant |
| RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 12 CFR 360 | |
| Legal Authority: 12 U.S.C. 1821(d)(1) 12 U.S.C. 1821(d)(10)(C) 12 U.S.C. 1821(d)(11) | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
| Small Entities Affected: No | Federalism: No |
| Included in the Regulatory Plan: No | |
| RIN Data Printed in the FR: No | |
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Agency Contact: Phillip E. Sloan Counsel Federal Deposit Insurance Corporation VS-E-7012, 3501 Fairfax Drive, Arlington, VA 22226 Phone:703 562-6257 Email: psloan@fdic.gov |
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