Denmark has one of the world’s largest mortgage markets totalling around EUR 320bn.
In December 2008 – at the peak of the financial crisis – mortgage loans of around EUR 50bn were up for refinancing. How would the Danish mortgage market perform in the midst of the global crisis?
The Danish mortgage system performed surprisingly well. The system stood strong during the financial crisis!
Just as the Danish mortgage system has successfully weathered other difficult economic crises since it emerged around two centuries ago.
Why is it that the Danish mortgage system is so robust? Why is it repeatedly pointed to as an example to follow internationally?
This film provides the answers to these questions and explains the structure of the Danish mortgage system and how it differs from the systems of other countries.
The film features interviews with:
The Association of Danish Mortgage Banks has released the publication: "The traditional Danish mortgage model". The publication describes the principles of the Danish mortgage model.
It also describes the recent changes to the Danish legislation on covered bonds, and the reasons why the financial crises did not lead to any serious consequences for neither Danish mortgage banks nor lenders of mortgage loans.
The Association of Danish Mortgage Banks has released its annual report 2010 in English.
Download it here. (4 mb)
