Mortgage debts (hypothecary debts)

Liabilities for which there is a lien on real estate. The ECB monitors the level of and changes in mortgage debts, primarily because of the risk of interest rate changes in mortgages. – See loan-to-value, loan-to-value liability, limited, first-lien default, real estate bubble, real estate prices, mortgage equity withdrawal, parity reservation, urban areas, securitization, homeownership, twenty-two-eight loan. – Cf. mortgage loans in Germany reported in the Statistical Section of the respective Monthly Report of the Deutsche Bundesbank, section “Banks,” ECB Monthly Bulletin of November 2004, p. 15 ff., ECB Monthly Bulletin of February 2006, p. 71 ff. (Characteristics of the mortgage markets in the euro area; overviews).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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