German supervisors need more granular data – IMF staff
Staff urge faster progress on structural reforms
German authorities need more detailed data on mortgage lending, staff at the International Monetary Fund said today (May 9) – though they stressed concerns of a housing bubble "look premature".
"The lack of comprehensive and granular supervisory data negatively affects all aspects of financial supervision and risk monitoring," IMF staff warned. In the housing market, they highlighted the need for data "on a loan-to-loan basis".
Last year the Deutsche Bundesbank touched on similar concerns
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