EBA NPL.Property Collateral.Type of Initial Valuation
Definition of Property Collateral / Type of Initial Valuation
Property Collateral.Type of Initial Valuation: Type of the initial valuation for the Unit i.e. Full Appraisal, Drive-by, Automated Valuation Model, Indexed, Desktop, Managing / Estate Agent, Purchase Price, Hair Cut, Mark to market and Borrower's Valuation
- EBA Field Index 11.033
- Documentation Entry 308
Description
"Type of Initial Valuation" is the type of process used to value the Unit.
Field Characteristics
The field type is a Choice field. The following choices are available:
- (a) Full Appraisal
- (b) Drive-by
- (c) Automated Valuation Model
- (d) Indexed
- (e) Desktop
- (f) Managing or Estate Agent
- (g) Purchase Price
- (h) Mark to market
- (i) Counterparties Valuation
- (j) Other
The field's importance for the Loan Tape is Important.
The field belongs to the EBA NPL Property Collateral Table.
The field applies to 4 of the 7 EBA NPL Asset Classes. It does not apply to Unsecured Loans, Auto Loans, Leasing / Asset Backed Finance,
The field is applicable to all borrower types.
The field is Not Confidential
Disclaimer
- This text is generated automatically. Do not edit manually!
- This information is provided as is. Refer to the EBA NPL Template for pointers to definitive instructions
{{#set:Field Importance=Important|Field Variability=Static|Field Type=Choice|Field Content=Business Data|Field Confidentiality=0}}
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