”The stock-standard trigger for the insurance to be applied was historically a loan greater than 80 per cent of the property's value — known as an 80 per cent loan-to-value ratio (LVR).
But since the crackdown on credit, banks have begun lowering this threshold."
There are specific securities the banks will consider more high-risk, so they will apply different policies to those different securities," Mr Merrick said. ”
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