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Real Estate Briefing - Categorized | Europe, Regulatory more

New EU mortgage rules aim to stop property bubbles

Posted on 24 April 2013

The European Parliament has agreed a common set of rules on mortgage lending aimed at avoiding the housing bubble that helped create the current financial crisis.
The new rules governing the €6.5 trillion mortgage market will tighten controls across the sector and make it easier for lenders to decide whether a borrower will be able to repay their debts or not………………………………………..Full Article: Source


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