The Warsaw Voice » Business » News - August 31, 2018
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Banking officials on mortgage loans
Polish banks aren't likely to sell notable amounts of either the adjustable rate mortgage loans nor the no-recourse mortgage loans now being demanded by regulators, banking sector officials told the daily Rzeczpospolita.
Poles will opt for the lower price variable margin product, they said. Requirements for the new product will exclude a large portion of potential clients and place notable burdens on bank risk departments, the unspecified banking exec complained.