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.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio