piigsty

Next up in the PIIGSty YEUr Tidbit Factsheet series, the Mortgage Credit Directive (MCD).

The MCD proposes a more integrated pan-European market for mortgages which gives borrowers more choice, stronger ability to compare mortgage products and greater protection while making cross-border mortgage lending much easier for banks. The EU home mortgage market is currently worth close to 50% of European GDP or €6.5tn.

Full version PDF here  YEUr PIIGSty Tidbit: Mortgage Credit Directive

This entry was posted on Sunday, April 28th, 2013 at 23:29 and is filed under YEUr Tidbits. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.