01.12.2010 - Germany's property lenders remain active
From WSJ: Financing for property acquisitions may still be tight in Europe, but German banks have been among the most active lenders in many of the deals in Europe's main real-estate markets this year. What is their secret? While securitization of property debt remains all but nonexistent in Europe, German mortgage banks have a financial Wunderwaffe: the Pfandbrief, a type of tightly regulated covered bond..............................................Full Article: Source
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