EBA NPL.Property Collateral.Type of Initial Valuation

From Open Risk Manual

Definition of Property Collateral / Type of Initial Valuation

Property Collateral.Type of Initial Valuation: Type of the initial valuation for the Unit i.e. Full Appraisal, Drive-by, Automated Valuation Model, Indexed, Desktop, Managing / Estate Agent, Purchase Price, Hair Cut, Mark to market and Borrower's Valuation

  • EBA Field Index 11.033
  • Documentation Entry 308

Description

"Type of Initial Valuation" is the type of process used to value the Unit.

Field Characteristics

The field type is a Choice field. The following choices are available:

  • (a) Full Appraisal
  • (b) Drive-by
  • (c) Automated Valuation Model
  • (d) Indexed
  • (e) Desktop
  • (f) Managing or Estate Agent
  • (g) Purchase Price
  • (h) Mark to market
  • (i) Counterparties Valuation
  • (j) Other


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

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