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OSFI 81242: PMI Coverage For Loan Exposures Applied On The Original Book Balance Rather Than EAD (Doc ID 3052773.1)

Last updated on OCTOBER 15, 2024

Applies to:

Oracle Financial Services Basel Regulatory Capital Basic - Version 8.0.0 and later
Information in this document applies to any platform.

Goal

For a loan exposure with drawn and undrawn amount - when the coverage is applied currently its applied on the original book balance, but the customer expects it to be applied on the EAD (drawn+undrawn*CCF). 

Solution

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In this Document
Goal
Solution


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