European Mortgage Federation and Its Impact on the Industry

The European Mortgage Federation (EMF) has been a significant player in shaping the mortgage industry in Europe. The EMF was established in 1996 and is headquartered in Brussels, Belgium.

The EMF's primary goal is to promote the development of a stable and efficient mortgage market in Europe. This is achieved through various initiatives and activities that foster cooperation among mortgage professionals.

The EMF has over 1,500 member institutions from 25 European countries, making it a strong and diverse organization.

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The European Mortgage Federation (EMF) is a powerful organization that's been around since 1967. Its main goal is to ensure a sustainable housing environment for European Union citizens.

The EMF represents the interests of mortgage lenders at the European level, making it a key talking partner for various EU institutions. It's the voice of the European mortgage industry on the retail side of the business.

The EMF has 17 Full Members across 14 EU Member States, as well as a number of Observer Members. This gives it a strong presence in the European mortgage market.

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Here are some of the key things the EMF does:

The EMF is also closely linked to the European Covered Bond Council (ECBC), which represents over 95% of covered bond issuers in the EU.

The European Mortgage Federation (EMF) is quite active in various initiatives. The EMF is a trade association that represents the interests of the mortgage industry in Europe.

The EMF has a strong focus on promoting the development of the mortgage market in Europe. This includes working with policymakers to create a favorable regulatory environment for the industry.

The EMF has also been involved in various research projects, such as the EMF Mortgage Market Study, which provides insights into the European mortgage market. The study highlights the importance of mortgage finance in facilitating access to homeownership.

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The European Mortgage Federation (EMF) is a powerful voice in the European mortgage industry, established in 1967 to represent the interests of mortgage lenders. It's been a key talking partner with the European Commission, European Parliament, and other major institutions.

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The EMF's overarching aim is to ensure a sustainable housing environment for EU citizens. To this end, it provides data and information on European mortgage markets, which were worth over 7.0 trillion EUR at the end of 2015. This valuable insight helps inform policy decisions and industry developments.

One of the EMF's key activities is publishing Quarterly Reviews, which present the latest short-term developments in mortgage and housing markets in Europe. These reviews include tables, charts, and comments on indicators like representative mortgage interest rates, total residential lending outstanding, and nominal house prices.

The EMF also engages with the European Covered Bond Council (ECBC), which represents over 95% of covered bond issuers in the EU. The ECBC has over 100 members across more than 30 active covered bond jurisdictions globally.

Here are some of the key statistics from the EMF's Quarterly Reviews:

The EMF has also been actively involved in responding to EU institutions' consultations via specialist position papers.

The European Mortgage Federation (EMF) is actively involved in various activities, and their committees play a crucial role in shaping these efforts.

One of the key committees is the Economic Affairs Committee (EAC), which is part of the EMF's structure. The EMF has four main technical committees in total.

The Research & Data Committee is another important committee, focused on research and data analysis.

The EMF's committees work together to advance the organization's goals and objectives.

Here's a list of the EMF's main technical committees:

43 banks from Europe have joined the EMF's pilot project to gather data on green mortgages, covering 50% of the EU's outstanding mortgage market.

The Finnish participants in this project are Nordea, Hypo, and OP Financial Group.

The EMF needs data from pilot banks to show that green mortgages truly mitigate risk and to map what kind of data is available in each country.

The EMF also recommends that banks approach the energy sector for strategic partnerships in product development and data acquisition.

Banks could benefit from learning more about the best ways to market green mortgages to consumers, specifically in the Finnish market.

For more insights, see: What Banks Offer Home Equity Loans