EBA NPL.Enforcement.Current Market Status

From Open Risk Manual

Definition of Enforcement / Current Market Status

Enforcement.Current Market Status: Current market status of the Property / Collateral as at cut-off date

  • EBA Field Index 16.009
  • Documentation Entry 411

Description

"Current Market Status" is the current market status of the property or Collateral as at the NPL Portfolio Cut-Off Date.

Field Characteristics

Where the field type is choice field. The following choices are available:

  • (a) On the market
  • is when the collateral is advertised and marketed for sale
  • (b) Off the market
  • is when the collateral is not marketed or up for sale


The field's importance for the Loan Tape is Critical.

The field belongs to the EBA NPL Enforcement Table.

The field applies to 6 of the 7 EBA NPL Asset Classes. It does not apply to Unsecured Loans,

The field is applicable to all borrower types.

The field is Not Confidential

Disclaimer

  • This text is generated automatically. Do not edit manually!
  • This information is provided as is. Refer to the EBA NPL Template for pointers to definitive instructions