Founded in 1967, the European Mortgage Federation (EMF) is the representative at EU level of the mortgage loan product, bringing together national banking associations and individual mortgage lenders from the EU Member States. The EMF is today recognised as the voice of the European mortgage industry on the retail side of the business in Europe and beyond. Through its work the Federation has become the key-talking partner of the

European Commission The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body o ...

, the

European Parliament The European Parliament (EP) is one of the legislative bodies of the European Union and one of its seven institutions. Together with the Council of the European Union (known as the Council and informally as the Council of Ministers), it adopts ...

, the

European Central Bank The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's Big Four (banking)#Intern ...

, the

European System of Financial Supervisors The European System of Financial Supervision (ESFS) is the framework for financial supervision in the European Union that has been in operation since 2011. The system consists of the ''European Supervisory Authorities'' (ESAs), the European Syste ...

and the

Basel Committee The Basel Committee on Banking Supervision (BCBS) is a committee of banking supervisory authorities that was established by the central bank governors of the Group of Ten (economic), Group of Ten (G10) countries in 1974. The committee expanded ...

on all questions relating to the European mortgage industry. The Federation currently has 17 members across 14 Member States of the

European Union The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been des ...

as well as a number of observer members. The EMF provides data and information on European mortgage markets, which were worth over 7.0 trillion EUR at the end of 2015. The EMF secretariat is based in Brussels, Belgium.

Committees

The Federation has four main technical committees (Economic Affairs Committee, Legal Affairs Committee, Statistics Committee and Valuation Committee), which prepare its position papers and carry out its studies, and which report to the Executive Committee.

Publications

The EMF regularly publishes data, statistics, studies and a newsletter which provide information on developments, strategies and the latest trends related to the mortgage industry in Europe. The following are examples of some of the publications available: ''Hypostat'' The Federation's main source of statistical information with regards to recent developments in housing and mortgage markets in Europe. Hypostat is the result of a collaborative effort by the European Mortgage Federation’s national delegations and external experts. The latest 2016 edition (published in September 2016) includes: * 35 European Countries - EU 28 plus Australia, Iceland, Japan, Norway, Russia, Turkey and the United States * Country-by-country account of key economic, housing and mortgage market developments * Tables presenting key data on all aspects of housing finance from levels of mortgage debt outstanding to funding methods and macroeconomic indicators ''Quarterly Reviews'' EMF's Quarterly Reviews present the latest short-term developments in mortgage and housing markets in Europe. The reviews include tables, charts and comments on the following indicators: * Representative mortgage interest rates * Total residential lending outstanding * Gross and net mortgage lending * Nominal house prices (% annual change) ''Factsheets'' The EMF Factsheets present indicators and trends of mortgage and housing markets in individual EU countries such as: * Owner occupation rate * Number of transactions * Total dwelling stock * House price percentage changes ''EMF-ECBC Market Insights & Updates'' EMF-ECBC Market Insights & Updates is the Federation's monthly newsletter, specifically designed for those who monitor developments at European level. This information service facilitates analysis of the impact of European affairs and initiatives in the area of mortgage lending. It reports on progress made in the main issues currently under discussion in Brussels.

The European Covered Bond Council

The

European Covered Bond Council The European Covered Bond Council (ECBC) is the platform that brings together covered bond market participants including issuers, analysts, investment bankers, rating agencies and a wide range of interested stakeholders. History The ECBC was est ...

(ECBC) is a European platform for covered bonds, which brings together covered bond issuers, credit analysts, investment bankers, rating agencies and other interested market participants. The ECBC was created by the European Mortgage Federation in 2004. The

focuses on the developments shaping the economic and regulatory environment of covered bonds at EU level and also globally. The goal is to enhance the visibility of covered bonds at European and global level. As of January 2016, the ECBC has over 100 members across over 30 active covered bond jurisdictions. ECBC members represent over 95% of covered bonds outstanding, which were worth nearly 2.5 trillion EUR at the end of 2015.

References

External links

* {{official website, ecbc.hypo.org
EMF website

ECBC website

ECBC Covered Bond Comparative Database
Mortgage Pan-European trade and professional organizations