Mortgage market

The following issue updates are available for Mortgage market.

EU Commission green paper: Mortgage Credit in the EU

25 July 2008 | An overview of the green paper on mortgage credit in the EU with an analysis of its possible implications for the UK mortgage market and recent developments in the subsequent policy debate.

Property information systems common exchange standard - PISCES

10 October 2008 | PISCES enables the electronic transfer of information directly from one system to another. Lenders are encouraged to adopt PISCES standards and assist in developing new ones.

Rome 1 regulation on applicable law: implications for mortgage lenders

8 July 2008 | This paper provides an update on aspects of the regulation of relevance to mortgage lenders. The regulation was agreed by the European Parliament in December 2007 and was signed off finally in Council on 17 April 2008. It has now been put nito the Offical Journal, signalling formal adoption.