Stress Test Data Framework Dictionary 2017: Version 02

Retailsecuredproducttype

Enumeration Definition
Buy to let Not owner-occupier. Includes consent-to-let. Defined as a subset of the COREP exposures classes: a) On IRB: subset of 'of which: secured by real estate property, non-SME' of which buy to let. b) On standardised: i) subset of 'secured by mortgages on immovable property' of which retail buy to let. ii) a subset of exposures in default, in particular those relating to buy to let mortgages.
Mainstream Refers to exposures to mainstream mortgages, these are other owner-occupier mortgages other than those within self certified and sub prime. Defined as a subset of the COREP exposures classes: a) On IRB: subset of 'of which: secured by real estate property, non-SME' of which mainstream. b) On standardised: i) subset of 'secured by mortgages on immovable property' of which retail mainstream. ii) a subset of exposures in default, in particular those relating to mainstream mortgages.
Other mortgages Refers to exposures to other mortgages not included within other mortgages, self certified, sub prime and buy to let. Defined as a subset of the COREP exposures classes: a) On IRB: subset of 'of which: secured by real estate property, non-SME' of which other mortgage. b) On standardised: i) subset of 'secured by mortgages on immovable property' of which retail other. ii) a subset of exposures in default, in particular those relating to other mortgage mortgages.
Self certified The borrower certifies their own income and no independent verification is sought. Defined as a subset of the COREP exposures classes: a) On IRB: subset of 'of which: secured by real estate property, non-SME' of which self certified. b) On standardised: i) subset of 'secured by mortgages on immovable property' of which retail self certified. ii) a subset of exposures in default, in particular those relating to self certified mortgages.
Sub prime If the borrower is reported as having an 'impaired credit history' as defined by MLAR. Defined as a subset of the COREP exposures classes: a) On IRB: subset of 'of which: secured by real estate property, non-SME" of which sub prime. b) On standardised: i) subset of 'secured by mortgages on immovable property' of which retail sub prime. ii) a subset of exposures in default, in particular those relating to sub prime mortgages.