Sat, Apr 19, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Market Moves, Mortgage more

Denmark’s property bubble prompts mortgage lenders to look to German model

Posted on 30 November 2011

Denmark’s home-loan industry, the world’s biggest issuer of mortgage-backed covered bonds, is looking to Germany to avoid a repeat of the housing bubble that sent Scandinavia’s weakest economy to the brink of a recession.
Realkredit Danmark A/S, Denmark’s second-largest mortgage lender, wants the $495 billion industry to reject loan applications if house prices exceed what German banks call the mortgage lending value, which strips out temporary price fluctuations to arrive at a long-term valuation………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930