CNMC reopens debate on mortgage war highlighting paradox of doubled mortgage concessionsExecutive summary: The CNMC reignited discussion on the mortgage market paradox by noting that banks have doubled new mortgage approvals in the last decade while overall credit growth stalls. This paradox raises concerns about competition, pricing pressures, and potential regulatory interventions in the mortgage sector. CNMC (Spain's National Markets and Competition Commission), Spanish banks, mortgage borrowers, and financial markets. The regulator may launch a formal review, banks could adjust mortgage terms, and policymakers might consider new lending caps.The CNMC has highlighted a paradox where Spanish banks have doubled new mortgage issuances over the past decade despite stagnant credit demand, signaling regulatory scrutiny over market dynamics.Connected developmentsCaixaBank lanza una campaña para competir con neobancosSkyway plantea a Aena ahorros de 282 millones en las torres de control del tráfico aéreoOpen the full case file on Beyond →
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