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limited by regulation largely to retail deposits and mortgages. Graphic television news pictures showed very long queues …
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On 15th November 2012 in Copenhagen, SUERF and Nykredit in association with Danmarks Nationalbank organised a conference on “Property prices and real estate financing in a turbulent world.” The papers included in this SUERF Study are based on contributions to the conference.
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origination and distribution of observably riskier loans. Low-documentation mortgages, for which asymmetric information problems … are acute, performed especially poorly during the crisis. Securitized low-documentation mortgages performed better when …
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