Tuesday, December 18, 2007

No legislation for making lenders responsible for advising borrowers on the best loan.

Mortgage Lenders Win Postponement of European Home-Loan Rules

European mortgage lenders won a delay of new marketing and refinancing rules after European regulators said further time is required to assess the market. More study is needed before proposing new laws designed to open up cross-border lending and cut prices for home loans, European Union regulators said in a policy paper being published today

Posted by alan @ 08:46 AM (492 views)
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