Economists on Thursday played down the risk to Denmark’s large mortgage bond market, and thereby the economy, from proposed Basel III banking reforms. Denmark’s independent Economic Council, also known as the “wise men”, said planned international regulations to strengthen the banking sector would effectively make Danish short adjustable rate mortgage loans more expensive.
Danish wisemen play down Basel III mortgage market risks
Most Popular Articles
Latest Articles
Kristen Sieffert leads the reverse mortgage presence at The Gathering
FOA’s president spoke about bringing reverse mortgages into the mainstream at the event in Scottsdale, Arizona.