Under the revised CRR framework, Article 127(3) provides that a 100% RW applies to the exposure value remaining after specific credit risk adjustments (SCRA) for defaulted non-IPRE exposures secured by residential or commercial immovable property, in accordance with Articles 125 and 126. Is the 100% risk weight specifically capped at a loan-to-value (LTV) threshold of 55% or at the property’s market value (if lower than the mortgage value)? For instance, given a total debt of €100, a mortgage value of €110, and a property market value of €120, 55% of the market value equals €66. It is currently unclear whether the 100% RW should be applied only up to €66 (i.e., the 55% LTV limit) or instead to the entire debt amount of €100, which is below both the mortgage and the market values.