Our proposal includes key protections for higher-priced mortgage loans secured by a consumer's principal dwelling and addresses concerns about a lender's assessment of a borrower's ability to make the scheduled  BIS Review 80/2008  3  payments, including verification of the consumer's income and assets.
This assessment will be based on a broad range of monetary policy indicators. In particular, those variables which could contain information on future price developments will be analysed in depth. This analysis should not only provide information on the risks for price development, but should also help to identify the causes of unexpected changes in important economic variables.