German Mortgage Banking after New Legislation Adoption Cover Image

Hypotekárne bankovníctvo v Nemecku po prijatí novej legislatívy
German Mortgage Banking after New Legislation Adoption

Author(s): Eva Horvátová, Viktória Múčková
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: mortgage obligations; mortgage covered securities; Jumbo and Global mortgage obligations; mortgage credit; principles of mortgage banking

Summary/Abstract: German Mortgage Banking served as a basis model for implementation in many European countries, Czech and Slovak republic including. The first mortgage act in Germany was adopted in 1900 and with a few changes validated for 105 years. In 2005 was adopted new mortgage bonds act, which on first place takes mortgage bonds, gives up the specialization principle, takes many inspirations for European countries, which have a system on German mortgage principle based.

  • Issue Year: 56/2008
  • Issue No: 10
  • Page Range: 987-1006
  • Page Count: 20
  • Language: Slovak