CML annual report 2007

The CML annual report is a record of our achievement in a rapidly changing year.

For more than half the year, housing and mortgage markets continued the strong growth they had enjoyed during the preceding decade. Gross lending totalled a record £364 billion in 2007 - almost 6% more than the total for 2006, and a significant achievement given the onset of the credit crunch in August. The report records our progress, both against our original objectives and in response to changing priorities, in an eventful and challenging year.

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