+Article 2 Homogeneity factors
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---+Article 2 2.
---+Article 2 3.
---+Article 2 4.
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Article 2 Homogeneity factors

1. Forbhreathnú

,
Article 2 1.

The homogeneity factors for the asset type referred to in Article 1(a)(i) shall be the following:

(a) 

ranking of security rights, whereby the pool of underlying exposures consists of only one of the following:

(i) 

loans secured by first ranking security rights on a residential immovable property;

(ii) 

loans secured by lower and all prior ranking rights on a residential immovable property;

(iii) 

loans secured by lower ranking security rights on a residential immovable property;

(b) 

type of residential immovable property, whereby the pool consists of only one of the following types:

(i) 

income-producing properties;

(ii) 

non-income producing properties;

(c) 

jurisdiction, whereby the pool consists of exposures secured by residential immovable properties located in the same jurisdiction.
Article 2 2.

The homogeneity factors for the asset type referred to in Article 1(a)(ii) shall be the following:

(a) 

ranking of security rights, whereby the pool consists of only one of the following types of underlying exposures:

(i) 

loans secured by first ranking security rights on a commercial immovable property;

(ii) 

loans secured by lower and all prior ranking rights on a commercial immovable property;

(iii) 

loans secured by lower ranking security rights on a commercial immovable property;

(b) 

type of immovable commercial property, whereby the pool consists of only one of the following types:

(i) 

office buildings;

(ii) 

retail space;

(iii) 

hospitals;

(iv) 

storage facilities;

(v) 

hotels;

(vi) 

industrial properties;

(vii) 

other specific type of commercial immovable properties;

(c) 

jurisdiction, whereby the pool consists of underlying exposures secured by properties located in the same jurisdiction.
Article 2 3.

The homogeneity factors for the asset type referred to in Article 1(a)(iv) shall be the following:

(a) 

type of obligor, whereby the pool consists of only one of the following types of obligors:

(i) 

micro-, small- and medium-sized enterprises;

(ii) 

other types of enterprises and corporates;

(b) 

jurisdiction, whereby the pool consists of only one of the following types of underlying exposures:

(i) 

exposures secured by immovable property located in the same jurisdiction;

(ii) 

exposures to obligors with residence in the same jurisdiction.
Article 2 4.

The homogeneity factors for the asset type referred to in Article 1(a)(v) shall be the following:

(a) 

type of obligor, whereby the pool consists of underlying exposures with only one of the following types of obligors:

▼M1

(i) 

individuals, and enterprises where the originator applies the same approach for assessing the credit risk associated with exposures to enterprises as for exposures to individuals;

▼B

(ii) 

micro-, small- and medium-sized enterprises;

(iii) 

other types of enterprises and corporates;

(iv) 

public sector entities;

(v) 

financial institutions;

(b) 

jurisdiction, whereby the pool consists of underlying exposures to obligors with residence in the same jurisdiction.
Article 2 5.

The homogeneity factors for the asset type referred to in Article 1(a)(vi) shall be the following:

(a) 

type of obligor, whereby the pool consists of underlying exposures with only one of the following types of obligors:

▼M1

(i) 

individuals, and enterprises where the originator applies the same approach for assessing the credit risk associated with exposures to enterprises as for exposures to individuals;

▼B

(ii) 

micro-, small- and medium-sized enterprises;

(iii) 

other types of enterprises and corporates;

(iv) 

public sector entities;

(v) 

financial institutions;

(b) 

jurisdiction, whereby the pool consists of underlying exposures to obligors with residence in the same jurisdiction.
Article 2 6.

The homogeneity factors for the asset type referred to in Article 1(a)(viii) shall be any of the following:

(a) 

type of obligor;

(b) 

ranking of security rights;

(c) 

type of immovable property;

(d) 

jurisdiction.

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

Ceanglais

3. Caighdeáin ghaolmhara

Caighdeáin