Denmark’s mortgage banks will probably need less collateral to cover bonds financing home loans as the country’s house prices recover, the head of the Mortgage Bankers’ Federation said.
“It’s a good development for all parties, for the mortgage banks that need to provide supplementary capital, for the present homeowners,” Karsten Beltoft, director of the Copenhagen-based federation, said in an interview. House prices are now “leveling off,” he said...............................................Full Article: Source
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