Sweden Urges First Mortgage Borrowing Cap

Finansinspektionen, Sweden’s Financial Supervisory Authority, is recommending banks impose their first-ever cap on mortgage borrowing.

  • 16 Feb 2010
Finansinspektionen, Sweden’s Financial Supervisory Authority, is recommending banks impose their first-ever cap on mortgage borrowing. The FSA says banks should reduce the value of home loans to a maximum of 90% of the property’s value, noting that its data indicate that 12% of outstanding home loans have loan-to-value ...

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