YEUr Tidbit: Mortgage Credit Directive (MCD)

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

YEUr Tidbit Mortgage Credit Directive

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