Denmark Races to Prevent Foreclosure Shock as Home Prices Sink

Representatives from Denmark’s mortgage industry will meet with the government today in the hope of easing repayment terms on interest-only loans that threaten to unleash a wave of foreclosures this year. The Association of Danish Mortgage Banks and the Mortgage Bankers’ Federation are due to sta…

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Denmark Races to Prevent Foreclosure Shock as Home Prices Sink