ESMA Commercial Real Estate.Exposures.Trigger For Escrow To Be Held
From Open Risk Manual
Contents
Definition of ESMA Commercial Real Estate.Exposures.Trigger For Escrow To Be Held
ESMA Commercial Real Estate.Exposures.Trigger For Escrow To Be Held
- Member of Table: ESMA Commercial Real Estate Exposures Table
- ESMA Field Index: CREL55
Description
Type of trigger event leading to amounts to be paid into escrow
Field Characteristics
Format
The field type / format is: LIST
Eligible Values
The following choices are available:
- No Trigger (NONE)
- Loan to Value Trigger (LVTX)
- Interest Coverage Trigger (ICVR)
- Debt Service Coverage Trigger (DSCT)
- Net Operating Income Trigger (NOIT)
- Other (OTHR)
No Data Options
- The field can be empty under data options ND1-ND4
- The field cannot 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
