Common use of Minimum retention Clause in Contracts

Minimum retention. The lender is required to hold in its own portfolio or retain a minimum of 5 percent of the total loan amount. This amount must be of the non-guaranteed portion of the loan and cannot be participated to an- other. The lender may sell the remain- ing amount of the non-guaranteed por- tion of the loan only through participa- tion. §§ 1779.66–1779.68 [Reserved]

Minimum retention. The lender is required to hold in its own portfolio or retain a minimum of 5 percent of the total loan amount. This amount must be of the non-guaranteed portion of the loan and cannot be participated to an- other. The lender may sell the remain- ing amount of the non-guaranteed por- tion of the loan only through participa- tion. §§ 1779.66–1779.68 3575.66–3575.68 [Reserved]