As the residential real estate sector began to show signs of distress, supervisors assessed how banks manage housing loans.
Their review revealed weaknesses in loan origination processes and collateral valuations, but banks are working on mitigating risks
https://www.bankingsupervision.europa.eu/press/publications/newsletter/2024/html/ssm.nl240515.en.html?utm_source=ecb_twitter&utm_medium=social&utm_campaign=240515_basu_newsletter_may_2024

[2024-05-15 09:17 UTC]