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Re: Maximunae69 post# 646483

Thursday, 01/21/2021 7:34:59 AM

Thursday, January 21, 2021 7:34:59 AM

Post# of 730194
Here’s some more helpful information, Max.
§ 240.15Ga-1 Repurchases and replacements relating to asset-backed securities.
(a) General. With respect to any asset-backed security (as that term is defined in Section 3(a)(79) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)(79)) for which the underlying transaction agreements contain a covenant to repurchase or replace an underlying asset for breach of a representation or warranty, a securitizer (as that term is defined in Section 15G(a) of the Securities Exchange Act of 1934) shall disclose fulfilled and unfulfilled repurchase requests across all trusts by providing the information required in paragraph (a)(1) of this section concerning all assets securitized by the securitizer that were the subject of a demand to repurchase or replace for breach of the representations and warranties concerning the pool assets for all asset-backed securities held by non-affiliates of the securitizer during the reporting period.
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