ESMA Residential Real Estate.Collateral.Lien
From Open Risk Manual
Contents
Definition of ESMA Residential Real Estate.Collateral.Lien
ESMA Residential Real Estate.Collateral.Lien
- Member of Table: ESMA Residential Real Estate Collateral Table
- ESMA Field Index: RREC8
Description
Highest lien position held by the originator in relation to the collateral.
If the collateral being reported is not property collateral, enter ND5.
Field Characteristics
Format
The field type / format is: INTEGER-9999
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