Swedish Regulator Warns Of Mortgage Trouble

10 Nov 2009

Finansinspektionen, the Swedish Financial Services Authority, warns that while banks in the country are on solid footing, there appears to be trouble ahead in its mortgage market.

Finansinspektionen, the Swedish Financial Services Authority, warns that while banks in the country are on solid footing, there appears to be trouble ahead in its mortgage market. The FSA said in a statement that double-digit mortgage-credit losses in the Baltics are not a threat to the banks’ stability, ...

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