Abstract
This chapter examines the changes in mortgage law and practice arising from the EU Directive on credit servicers and credit purchasers, which will facilitate an EU market in cross-border sales of non-performing loans. A new regulatory system is proposed with a EU "passporting" system for credit servicers. The Directive will have significant consequences for mortgage and consumer borrowers, adding a layer of EU law to these activities.
| Original language | English |
|---|---|
| Title of host publication | Procedures of Forbearance and Mortgage Enforcement |
| Subtitle of host publication | A comparative overview of systems in Europe, the USA and South Africa |
| Editors | Irene Visser |
| Place of Publication | The Hague |
| Publisher | Boom |
| Chapter | 2 |
| Pages | 55 |
| Number of pages | 6 |
| ISBN (Electronic) | 9789462121447 |
| ISBN (Print) | 9789462121447 |
| Publication status | Published - 20 Jul 2025 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
-
SDG 1 No Poverty -
SDG 10 Reduced Inequalities -
SDG 11 Sustainable Cities and Communities
Keywords
- mortgage law
- forebearance
- foreclosures
- property law
- housing rights
- consumer law
- EU law
- global financial crisis
Fingerprint
Dive into the research topics of 'New Directive on Credit Servicers and Credit Purchasers'. Together they form a unique fingerprint.Cite this
- APA
- Author
- BIBTEX
- Harvard
- Standard
- RIS
- Vancouver