ESMA · ESMA_QA_1378 Answer Published

Annex 3: Underlying Exposures - Commercial Real Estate - Total Other Amounts Outstanding

Regulation
Securitisation Regulation (EU) 2017/2402
Topic
Securitisation Disclosure Templates
Submitted
2019-05-27
Answered
2019-05-27
More Q&As on this regulation →

Question

Should all expenses incurred by the special servicer that have not yet been repaid through recoveries be reported in this field?

Answer

[ESMA 33-128-563 Securitisation Q&A, Q&A 5.5.1] No. The field refers only to the cumulative amount of any sums that have been advanced by the Servicer or SSPE and not yet reimbursed by the obligor such as insurance premiums, ground rent and capital expenditures.
View original on European Securities and Markets Authority ↗

This Q&A is published by European Securities and Markets Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

Similar Q&As

Annex 3: Underlying Exposures - Commercial Real Estate - Total Shortfalls In Principal & Interest Outstanding

Answered 2019-11-15

Annex 3: Underlying Exposures - Commercial Real Estate - Obligor Must Pay Breakage On Swap

Answered 2019-11-15

Annex 3: Underlying Exposures - Commercial Real Estate - Collection of Other Reserves

Answered 2019-11-15

Annexes 12 and 13: Investor Reports - Current Overcollateralisation

Answered 2019-11-15

Annex 3: Underlying Exposures - Commercial Real Estate - Payment Date

Answered 2021-11-15

More Q&As on this topic

Pool Addition Date and Date Of Repurchase in a revolving deal

Answered 2021-11-19

Original Valuation Method

Answered 2021-11-19

Annexes 12 and 13: Investor Reports - Annualised Constant Prepayment and Default Rates

Answered 2021-11-19

Securitisation Disclosure Requirements and Templates

Answered 2021-11-19

Securitisation Disclosure Requirements and Templates

Answered 2021-11-19

📋 Track EU financial regulation continuously

Forseti monitors EU financial regulation and delivers personalised alerts anchored to verified official sources.

Start free trial → Learn more

14-day free trial. No credit card required.