Posts Tagged ‘ LTVs ’

New LTV caps positive for Finnish covered bonds, says Moody’s

Jul 8th, 2016
Finanssivalvonta Finland web

New caps on LTV ratios that took effect in Finland last week are credit positive for Finnish covered bonds, according to Moody’s, reducing credit risk at the whole-loan level and adding to protections in the Finnish covered bond framework.

Bankföreningen tightens amortisation guides

Mar 20th, 2014
Riksbank image

The Swedish Bankers’ Association is lowering guidance on the LTV threshold above which new mortgages need to be amortised from 75% to 70%, while Riksbank governor Stefan Ingves said there is a case for increasing the mortgage risk weight floor to 25%.

Swedish FSA proposes raising mortgage risk weight floor to 25%

Nov 14th, 2013

The Swedish FSA suggested increasing the risk weight floor for mortgages from 15% to 25% upon releasing its latest report on risks in the financial system today (Thursday), citing a very high level of household debt in Swedish households.

Moody’s cites Norway mortgage relaxation threat

Nov 7th, 2013
Norwegian ministry of finance

The new Norwegian government followed up on a pre-election pledge to ease mortgage standards by asking the country’s FSA to examine lending practices on Tuesday of last week (29 October), and Moody’s said on Monday that any loosening would be credit negative for Norwegian banks and covered bonds.

Proposed Finnish LTV cap ‘good news’ for covered

Nov 8th, 2012

A Finnish Ministry of Finance working group has proposed allowing the country’s financial supervisory authority to cap LTV ratios, a move that an official at a Finnish issuer and analysts said would be positive for covered bond investors.