ESMA Commercial Real Estate.Exposures.Reason for Default or Foreclosure
From Open Risk Manual
Contents
Definition of ESMA Commercial Real Estate.Exposures.Reason for Default or Foreclosure
ESMA Commercial Real Estate.Exposures.Reason for Default or Foreclosure
- Member of Table: ESMA Commercial Real Estate Exposures Table
- ESMA Field Index: CREL131
Description
If the underlying exposure is in default as per Article 178 of Regulation (EU) No 575/2013, select the appropriate reason
Field Characteristics
Format
The field type / format is: LIST
Eligible Values
The following choices are available:
- In default because the debtor is unlikely to pay, in accordance with Article 178 of Regulation (EU) No 575/2013. (UPXX)
- In default because any debt is more than 90/180 days past due, in accordance with Article 178 of Regulation (EU) No 575/2013. (PDXX)
No Data Options
- The field can be empty under data options ND1-ND4
- The field can be empty under data option ND5
No Data Options Legend
Option | Explanation |
---|---|
ND1 | Data not collected as not required by the lending or underwriting criteria |
ND2 | Data collected on underlying exposure application but not loaded into the originator’s reporting system |
ND3 | Data collected on underlying exposure application but loaded onto a separate system from the originator’s reporting system |
ND4 | Data collected but will only be available from YYYY-MM-DD (YYYY-MM-DD shall be completed) |
ND5 | Not applicable |
Disclaimer
- This text is generated automatically. Do not edit manually!
- This information is provided as is. Refer to the ESMA Securitisation Template for pointers to definitive instructions