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Lenders Cautious about Prospects for Residential Mortgage Markets

New Efma-CRIF study provides insight into possible impacts of the European Commission’s proposal for a directive on credit agreements relating to residential property; reveals significant fragility in residential mortgage market.

CRIF, a global company specializing in the development and management of credit reporting, business information and decision support systems, and Efma, the retail financial services community, today published a new study that includes the results of a survey providing insight into the European consumer credit market and estimated impacts of the adoption of the European Commission’s proposal for a directive on credit agreements relating to residential property.

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Source: CRIF, a member of BIIA

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