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April 23, 2005
Mortgage Insurance Requirements in Australia after Basel II
Jacobson Consulting has posted a summary of the changes in the new "Basel II" capital adequacy policies for Australian lenders.
This new regime gives a level of flexibility to large financial institutions, that we expect will allow for better rates to the consumer.The major practical impact will be the change in risk-weighting for loans and the point at which mortgage insurance is required.
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Posted on April 23, 2005 09:33 AM by mortga184.
Filed in Mortgage Calculator under mortgage insurance.
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