London Economics looks at role of non-credit bodies

London Economics has been commissioned by the European Commission\'s DG-Internal Market to look at the role and regulation of non-credit institutions in EU residential mortgage markets.

According to the brief, a non-credit institution is one that is allowed to provide residential mortgage loans and is not regulated as a credit institution in the country of interest.

The idea is to construct a database detailing whether non-credit institutions in EU mortgage markets are permitted (or not) to provide mortgage credit, how they are regulated if they are allowed to provide mortgage credit and the scale and size of their activities in the mortgage market.