Value Of EC Mortgage Directive Questioned

03 May 2011

The European Commission’s mortgage directive may not succeed in integrating the European Union’s mortgage markets as it intends because it focuses too much on consumer protection, according to Sarah Kieran, the European Mortgage Federation’s head of legal affairs.

The European Commission’s mortgage directive may not succeed in integrating the European Union’s mortgage markets as it intends because it focuses too much on consumer protection, according to Sarah Kieran, the European Mortgage Federation’s head of legal affairs. Kieran criticized the directive, saying it should focus more on ...

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