Posts Tagged ‘ Supervisory Diamond ’

Mortgage diamond clamps down on ARMs, IOs

Sep 19th, 2014
Finanstilsynet Danish FSA sign edit

The Danish FSA (Finanstilsynet) set out proposals for a “Supervisory Diamond” for Denmark’s mortgage credit institutions on Thursday of last week (11 September) that aims to reinforce the Danish industry’s systemic stability, including moves away from one year ARMs and interest-only (IO) loans.