Banco de Portugal Readies Macroprudential Tightening as State-Backed Mortgages Push Average LTV Close to 99% — Santos Pereira's Stress-Test Premium May Double Back Toward 3 Percentage Points
Banco de Portugal governor Álvaro Santos Pereira is preparing the first meaningful tightening of the central bank's macroprudential framework for mortgages since the original recommendation went live in July 2018. According to reporting this week by...