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Europe Daily Bulletin No. 10444

3 September 2011
Contents Publication in full By article 10 / 23
GENERAL NEWS / (ae) ep/mortgage lending
Possible extension of Mortgage Directive

Brussels, 02/09/2011 (Agence Europe) - On Wednesday 31 August, the MEPs on the European Parliament's economic and monetary affairs committee discussed the draft report by Antolín Sánchez Presedo (S&D, Spain) on the draft directive on mortgage lending in the European Union (see EUROPE 10348). The rapporteur suggests a big expansion in the scope of the directive. “We have put in three new chapters. One is on financial education and what people have to know before taking out a mortgage....