This can be a challenge if new loans have been granted right up to the 80-per-cent threshold, especially if these loans are with deferred amortisation. At the same time, the rating agencies are imposing extra collateral requirements on the mortgage banks.
The working group on top-up collateral under the auspices of the Ministry of Business and Growth was established after Danmarks Nationalbank had pointed out the risks related to the need for top-up collateral. This group is to explore the opportunities for handling this requirement in an appropriate way.