September 2009
Money Marketing;9/3/2009, p2
The article offers news briefs related to money marketing in Great Britain. The government in Iceland has decided to repay over three billion pounds to the British and Dutch governments for the money they have used in paying savers in the Icelandic banks. Simon Fry was appointed as non-executive chairman at Apollo Multi-Asset Management. The Council of Mortgage Lenders has given notice to the European Commission to focus on macro-economic policies rather than retail mortgage regulation.


Related Articles

  • PRODUCTS: CML proposes methods to bring interest-only back from brink.  // Fund Strategy;10/5/2010, p9 

    The article focuses on the alternative for banning the interest-only mortgages suggested by the Council of Mortgage Lenders (CML). The response of the CML to the consultation of the regulators on interest-only mortgages indicates that borrowers should retain responsibility for ensuring they have...

  • AMI sees little hope of halting EC advice plans. Norman, Tessa; Thomas, Natalie // Mortgage Strategy;5/23/2011, p5 

    The article reports on the assertion of Robert Sinclair of the Association of Mortgage Intermediaries (AMI) that it would be difficult for the Council of Mortgage Lenders (CML) to persuade the European Commission to abandon its proposals regarding mortgage lenders offering advised services.

  • EU directive changes could exempt BTL loans. Norman, Tessa; Thomas, Paul // Money Marketing;10/13/2011, p8 

    The article reports on the assessment of the Council of Mortgage Lenders that the amendment to the European Commission's mortgage directive could exempt buy-to-let loans in Great Britain.

  • LENDERS: Cooling-off period for deals may be on cards.  // Fund Strategy;9/28/2010, p9 

    The article reports that the European Commission (EC) may launch a 10-day cooling-down period for mortgage contracts. The Council of Mortgage Lenders (CML) says that the EC is looking to use the European Standardised Information Sheet to replace the Key Facts Illustration. The CML adds that the...

  • CML fights for non-advised sales in MMR response. Thomas, Natalie // Money Marketing (Online Edition);3/30/2012, p9 

    The article reports that the Council of Mortgage Lenders (CML) focuses on banning non-advised sales, in response to the mortgage market review in Great Britain. It mentions that the ban restricts new entrants to join the money market. It mentions that the average advised sale take 1.7 hours...

  • Interest-only repayment checks could give borrowers wrong idea. Brennan, Henry // Mortgage Strategy (Online Edition);10/18/2012, p3 

    The article reports on the concern of the Council of Mortgage Lenders (CML) regarding possible interpretation of regulatory changes from the Financial Services Authority (FSA) requiring lenders to assess the credibility of individual payment plans as active endorsement of repayment strategy.

  • Repayments outstripped lending in July for first time in 16 years. Martin, Natalie // Mortgage Strategy;9/7/2009, p11 

    The article reports that mortgage repayments surpass new lending in July 2009 in Great Britain. The Council of Mortgage Lenders (CML) is warning that negative lending could emerge. A survey of lending trends conducted by Bank of England showed that total net lending to individuals declined by...

  • CML bemoans slow progress on arrears protocol. Thickett, Robert; Martin, Natalie // Mortgage Strategy;9/8/2008, p6 

    The article reports that the Council of Mortgage Lenders (CML) has been attacked at the Civil Justice Council due its failure to finalise an arrears protocol for lenders in Great Britain. It indicates the move of the CML in outlining its approach for the assistance of home owners in facing...

  • market watch. Cornell, Jonathan // Mortgage Strategy;4/11/2011, p12 

    The article presents the author's views on the conditions of the mortgage market in Europe in 2010-2011. He cites that interest rate swaps continued to edge up and new lenders are expected to enter the British market. He also notes that the Council of Mortgage Lenders (CML) should be keen in...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics