What are the dynamics and dependencies between investors, different types of lenders, market developments, and economic prospects?
And last but not least: From a regulator’s perspective – and as a possible issue for discussion during the afternoon sessions –, do we have all relevant information and tools at our discretion to identify CRE related risks and to manage or even limit those to an acceptable level? A stable financial system is essential. CRE underwriting plays an important role in this.