Financial Sector (Collection of Data) (reporting standard) determination No. 32 of 2016 - Reporting standard RRS 392.0 - Housing Finance
Mortgage backed overdrafts (revolving crMortgage backed overdrafts (revolving credit home equity loans)
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Mortgage backed overdrafts (revolving credit home equity loans)
The lending institution approves an overdraft limit secured by the borrower's equity in the dwelling.
Reporting instructions
In general, these loans should appear as housing finance commitments on RRF 392.0 where the primary purpose of the loan is to purchase owner-occupied housing, or as "Secured Revolving Credit" on RRF 394.0, where the primary purpose of the loan is for other uses. See III. Home Equity Loans - Guidelines for more details regarding the treatment of this loan type.