EBA NPL.Property Collateral.Enforcement Status Third Parties

From Open Risk Manual

Definition of Property Collateral / Enforcement Status Third Parties

Property Collateral.Enforcement Status Third Parties: Indicator as to whether any other secured creditors have taken steps to enforce security over the asset? (Y/N)

  • EBA Field Index 11.056
  • Documentation Entry 331

Description

"Enforcement Status Third Parties" is the indicator as to whether any other secured creditors have taken steps to enforce security over the units as at NPL Portfolio Cut-Off Date.

Field Characteristics

The field type is Boolean.


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

The field belongs to the EBA NPL Property Collateral Table.

The field applies to 4 of the 7 EBA NPL Asset Classes. It does not apply to Unsecured Loans, Auto Loans, Leasing / Asset Backed Finance,

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