PET - Plain English Taxonomy

Attribute: R01268
Concept:
Label: No of accounts - Category two facilities
Concept Guidance:
This is the number of accounts at the relevant date classified by the reporting party as Category Two facilities, being an exposure that is secured by a registered first mortgage against a residential property, where the ratio of the outstanding balance, less the amount of mortgage insurance, to the valuation of the security is greater than 80 per cent but no more than 100 per cent (where the loan is 6 months or more worth of payments past due, the valuation must be no older than 12 months). 
Dimensions
Dimension Member Description
(PrescribedPastDueGTE365D)
This dimension classifies assets according to the likelihood of their full economic benefits being realised.
The data reported relates to credit exposures where the following criteria are met:(1) the facility is not subject to a regular repayment schedule and has remained continuously outside contractual or approved arrangements for a period of 365 days or more; or(2) the facility is subject to a regular repayment schedule and: (2a) at least 365 calendar days have elapsed since the due date of a contractual payment that has not been met in full; and (2b) the total amount outside contractual arrangements is equivalent to at least 365 days' worth of contractual payments.