ESMA Commercial Real Estate.Exposures.Workout Strategy Code
From Open Risk Manual
Contents
Definition of ESMA Commercial Real Estate.Exposures.Workout Strategy Code
ESMA Commercial Real Estate.Exposures.Workout Strategy Code
- Member of Table: ESMA Commercial Real Estate Exposures Table
- ESMA Field Index: CREL143
Description
Work-out strategy
Field Characteristics
Format
The field type / format is: LIST
Eligible Values
The following choices are available:
- Modification (MODI)
- Enforcement (ENFR)
- Receivership (RCVS)
- Insolvency (NSOL)
- Extension (XTSN)
- Loan Sale (LLES)
- Discounted Pay Off (DPFF)
- Property in Possession (PPOS)
- Resolved (RSLV)
- Pending Return to Servicer (PRTS)
- Deed in Lieu of Foreclosure (DLFR)
- Full Pay Off (FPOF)
- Representations and Warranties (REWR)
No Data Options
- The field cannot 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