News

Movie on Danish Mortgages now available in Spanish

The movie explaning the benefits of the Danish Mortgage Model has been translated to Spanish and is now availabale at the web site of the Danish Mortgage Bankers association.

http://www.realkreditraadet.dk/Default.aspx?ID=2395

Absalon is expanding international activities

Due to expanded international activities the board has appointed Wagn Erik Norgaard as COO, which is a new position in Absalon Project. Wagn Erik has served as CTO until now.

Henrik Hogsaa is promoted to new CTO. Henrik has served as Product Manager.

Absalon Project speaks at “3rd Arab Real Estate & Urban Development Conference” in Dubai March 16-17, 2011

The focus of the conference were to highlight the efforts that are done from RERA (Real Estate Regulatory Agency) to develop the infrastructure to support legal rights and procedures for foreigners to hold proporty in the region.

Dubai International Finance Center (DIFC) organized a half day session regarding more flexible access to mortgage financing where the results of the Initial Feasibility Study that has been undertaken by Absalon Project and DIFC were presented. Also the introduction of Mortgage Insurance were presented.

Denmark comes out on top in new Moody’s covered bond review

See the full special report “EMEA Covered Bonds: 2011 Outlook and 2010 Review” here [PDF]

Innovative proposal for affordable housing in USA

Absalon Project proposes innovative new way to provide lower cost financing to the affordable multifamily market in the USA. Learn more

Solid liquidity of covered bonds during the financial crisis

The Danish central bank has performed an analysis on the liquidity of government and covered bonds before, during and after the 2008 financial crisis. The working paper concludes that Danish covered bonds by and large are as liquid as Danish government bonds during a period of market stress. Read More.

Swedish agency lauds Danish mortgage loans

Fixed-rate mortgage loans would strengthen Swedish housing finance. Read More.

Going Cold Turkey: Three Ways to End Fannie and Freddie without Slicing Up the Taxpayers

Instead of trying to find ways that government can remain involved in housing finance, the new Congress should consider how to withdraw the government from any role in financing prime mortgages and implement various promising private-financing mecha- nisms—covered bonds, the Danish system, and a more focused and regulated securitization system, as well in teaching people how they can track paid taxes, to have much better organizes economy. Read More.

Can the Danish mortgage model fix U.S. housing finance?

Yes, it can. Read the article in the Housing Wire Magazine, June 2010 edition.

Reforming a broken mortgage system

We don’t have to wait for years to reform the mortgage system — there’s a better approach that could be introduced right away. Read More.