Enumeration | Definition |
---|---|
<=75% | Average LTV of the portfolio, weighted by product balances. LTVs should be calculated as the accounting balance as at the reporting date over the indexed value (ideally using regional indices) or the most recently available valuation of the property as at the reporting date. |
>75% | Average LTV of the portfolio, weighted by product balances. LTVs should be calculated as the accounting balance as at the reporting date over the indexed value (ideally using regional indices) or the most recently available valuation of the property as at the reporting date. |