PET - Plain English Taxonomy

Label: Financial Risk Credit Claims Secured Against Eligible Residential Mortgages Amount
TREF ID: DE7855
Data Type: xbrli:monetaryItemType
Period Type: instant
Balance Type: debit
Business Description & Guidance:
This is the value, as at the relevant date, of loans and all other on-balance sheet claims secured against eligible residential mortgages.For the purposes of this item, the repayment of funds advanced must have been secured through an eligible residential mortgage to satisfy the debt in the case of default by the borrower, as determined in accordance with relevant prudential standards. 

Usage
Form Labels
Label:
Guidance:
Claims secured against both standard and non-standard eligible residential mortgages
Refer to Prudential Standard APS 220 Credit Risk Management for the definition of 'past due' and 'non-performing'. For the purpose of defining the secured portion of past due claims, qualifying collateral and guarantees will be the same as those recognised for CRM purposes (refer to APS 112).