ESMA Commercial Real Estate.Exposures.Debt Service Coverage Ratio Indicator At Securitisation Date
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Contents
Definition of ESMA Commercial Real Estate.Exposures.Debt Service Coverage Ratio Indicator At Securitisation Date
ESMA Commercial Real Estate.Exposures.Debt Service Coverage Ratio Indicator At Securitisation Date
- Member of Table: ESMA Commercial Real Estate Exposures Table
- ESMA Field Index: CREL71
Description
How the Debt Service Coverage Ratio is calculated or applied when an underlying exposure relates to multiple properties
Field Characteristics
Format
The field type / format is: LIST
Eligible Values
The following choices are available:
- Partial - Not all properties received financials, servicer to leave empty (PRTL)
- Average - Not all properties received financials, servicer allocates debt service only to properties where financials are received (AVER)
- Full - All statements collected for all properties (FULL)
- Worst Case - Not all properties received financials, servicer allocates 100% of debt service to all properties where financials are received (WCAS)
- None Collected - No financials were received (NCOT)
- Consolidated - All properties reported on one "rolled up" financial from the obligor (COND)
- Whole loan based on loan agreements (WLAG)
- Whole loan based on other method (WLOT)
- Trust Note based on loan agreement (TNAG)
- Trust Note based on other method (TNOT)
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