LONDON, May 5 (Reuters) - There is a "strong case" for
minimum 'risk weightings' on mortgages across all banks to
ensure fair competition in the home loans market, Bank of
England Deputy Governor Sam Woods said on Wednesday.
Woods said there is a "strong prudential case for some
minimum expectations" on how banks attach risk weights to
mortgages on their books, a calculation that determines how much
capital lenders hold to cover any loans that turn sour.
(Reporting by Huw Jones; editing by John Stonestreet)
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