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CML Chairman addresses mortgage industry

April 14, 2008 on 1:25 pm | In News |

Speaking today at the Council of Mortgage Lenders’ annual lunch, CML Chairman Steven Crawshaw gave guests a hard-hitting look at the impact of the credit crunch on the UK mortgage market.

CML Press Release - 11 April 2008 

Calling on the Bank of England to inject further liquidity to help turnaround the ongoing process of shrinkage and attrition that is taking place under current difficult market conditions, he also pointed to the strenuous efforts that lenders are making to deliver mortgages to as many possible within the current funding constraints, and had some powerful messages for UK mortgage customers - full article

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