Jan 23 (Reuters) - Reserve Bank of New Zealand :
* CONSULTATION ON DTI AND LVR SETTINGS
* LAUNCHED CONSULTATION ON ACTIVATING DEBT TO INCOME RESTRICTIONS AND LOOSENING LOAN TO VALUE RATIOS FOR RESIDENTIAL LENDING
* CONSULTATION WILL CLOSE ON 12 MARCH 2024
* PROPOSE TO INITIALLY SETTING DTI POLICY TO ALLOW BANKS TO LEND 20% OF RESIDENTIAL LOANS TO OWNER-OCCUPIERS WITH DTI GREATER THAN 6
* PROPOSING EASING THE LVR SETTINGS AT THE SAME TIME AS ACTIVATING DTIS
* PROPOSE INITIALLY SETTING THE DTI POLICY TO ALLOW BANKS TO LEND 20% OF RESIDENTIAL LOANS TO INVESTORS WITH DTI GREATER THAN 7
* PROPOSE EASING LVRS TO ALLOW 20% OF OWNER-OCCUPIER LENDING TO BORROWERS WITH LVR GREATER THAN 80%
* PROPOSE EASING LVRS TO ALLOW 5% OF INVESTOR LENDING TO BORROWERS WITH AN LVR GREATER THAN 70%
* EXPECT TO COMMUNICATE DECISIONS IN THE MIDDLE OF THIS YEAR Further company coverage: