CML Annual Report 2008

What happened in 2008 was unique in more than 150 years of mortgage lending. The market changed more rapidly and unpredictably than ever before, with shocks to the financial system reverberating across the globe. 

In a hostile media, political and market environment, there was never a greater need for a clear voice to represent UK mortgage lenders. Our Annual Report reflects on the year’s events as they unfolded. It sets out to explain the seemingly inexplicable, but not to defend the indefensible.

The full report can be downloaded from the link below.