View source for ESMA Residential Real Estate.Exposures.Revision Margin 1


== Definition of  ESMA Residential Real Estate.Exposures.Revision Margin 1 ==

<b>ESMA Residential Real Estate.Exposures.Revision Margin 1</b>

* Member of Table: ESMA Residential Real Estate Exposures Table
* ESMA Field Index: RREL50


== Description ==

The margin for the underlying exposure at the 1st revision date. This refers only to contractual changes in the margin (e.g. from +50bps to +100bps) or the underlying index (e.g. from 3M EUIBOR to 1M EURIBOR) used for the interest calculation. This field does not refer to the date that the index is reset periodically (e.g. resetting 1M EURIBOR each month). 

The full revised margin must be entered in this field, not the change in the margin.

== Field Characteristics ==

=== Format ===
The field type / format is: PERCENTAGE



=== 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 ==

{| class="wikitable"
|-
! 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 


[[Category:ESMA Residential Real Estate Exposures Table]]

{{#set:Availability of ND1-ND4 Option =YES|Availability of ND5 Option =YES|Field Type=PERCENTAGE}}

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