With recourse.

CFR · 2024-01-01 · US · Title 12

(a) The term (1) The amount of any insurance or guarantee against loss in the event of default provided by a third party, (2) The amount of any loss to be borne by the purchaser in the event of default, and (3) The amount of any loss resulting from a recourse obligation entered on the books and records of the State savings association. (b) The term (1) To hold or retain a subordinate interest in a specified percentage of the loans or interests; or (2) To guarantee against loss up to a specified percentage of the loans or interests, which specified percentage shall not exceed ten percent of the outstanding balance of the loans or interests at the time of sale: (c) This definition does not apply for purposes of determining the capital adequacy requirements under part 324 of this chapter.

official document · source cfr-2024 · id 12:§ 390.316