The European Mortgage Federation-European Covered Bond Council (EMF-ECBC) is pleased to announce the publication of the 2017 Study on the Valuation of Property for Lending Purposes, which provides comprehensive commentary on valuation practices for lending purposes across the European Union (EU) and beyond.
With a view to endorsing and promoting the highest standards in property valuation, the EMF’s Valuation Committee has regularly updated and revised its Study on the Valuation of Property for Lending Purposes since 1998, to provide a deeper understanding of the context and technicalities of valuation practices in the EU.
Indeed, accurate and transparent property valuation is essential to the mortgage lending and covered bond businesses on a number of crucial levels: from an origination perspective, in terms of risk management and capital adequacy, and for the issuance of covered bonds.
The 2017 update of the Study provides readers with three new introductory articles presenting an
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