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SEC SA Re-Securitization

In this scenario, the underlying pool is itself composed of securitisation tranches — making this a re-securitisation. The regulation treats re-securitisations more conservatively than standard transa

 
 
 
SEC SA Unknown Delinquency > 5%

In this scenario, 8% of the pool has unknown delinquency — the bank cannot confirm whether those exposures are current or in arrears. The regulation sets a 5% unknown-delinquency threshold: stay below

 
 
 
SEC SA Unknown Delinquency < 5%

The pool is 1,000,000 of performing residential real estate mortgages. However, delinquency data is missing for 40,000 of these exposures — 4% of the pool. The pool is structured into three tranches —

 
 
 

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