About us

Established in 1967, the European Mortgage Federation (EMF) is the voice of the European mortgage industry on the retail side of the business, representing the interests of mortgage lenders at European level.
The overarching aim of the EMF is to ensure a sustainable housing environment for European Union (EU) citizens. To this end, we are the key talking partner of the European Commission, the European Parliament, the Council of the EU, the European Banking Authority, the European Central Bank and the Basel Committee on Banking Supervision on all mortgage industry-related questions.


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The European Mortgage Federation brings together associations of and individual mortgage lenders from across Europe.

Currently, the EMF has 14 members across 12 EU Member States as well as a number of observer members.

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Market initiatives

EEMI Bauhaus – Let’s Greenstorm!

In its role as the Coordinator of the Energy Efficient Mortgages Initiative (EEMI), the EMF-ECBC has established the EEMI Bauhaus as a “green platform” with a focus on the development of an energy efficient mortgage ‘ecosystem’ of providers, products and services.The EEMI Bauhaus provides stakeholders with the opportunity to present innovative ideas, highlight obstacles or challenges, propose potential solutions to these, exchange views and explore new, cross-sectorial cooperation aimed at underpinning the work of the EEMI and supporting climate transition.

Energy Efficient Mortgage Label

The Energy Efficient Mortgage Label (EEML) is a clear and transparent quality label for consumers, lenders and investors, aimed at identifying energy efficient mortgages (EEM) in lending institutions’ portfolios, which are intended to finance the purchase/construction and/or renovation of both residential (single family & multi-family) and commercial buildings, with a focus on building energy performance.

International Secondary Mortgage Market Association

International Secondary Mortgage Market Association (ISMMA) is the first global association to bring together secondary mortgage markets institutions to focus on advocacy on regulatory issues, share information, and provide support to newly-established institutions in this space.

European Secured Note (ESN)

In the context of the Capital Markets Union (CMU) debate and building on the success of covered bonds, the EMF-ECBC promoted the ESN initiative as a dual-recourse long-term funding instrument to allow for the financing of asset classes beyond the traditional covered bond collateral types, such as small and medium sized enterprise (SME) loans and green, social and infrastructure assets.

Press releases

Ukrainian Financial Housing Company joins the EMF as an Observer Member

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European Mortgage Federation Publishes Quarterly Review – Q4 2023

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ECBC Welcomes Mayer Brown: Legal Expertise Strengthens Regulatory Guidance

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Data Hub

Data Hub   In a changing world and dynamic market environment, accurate data collection is crucial to making informed business decisions, ensure quality, transparency, and safeguard market integrity. The EMF-ECBC acts as global market think-tank and catalyst by promoting and developing market initiatives aimed at reinforcing data transparency, common definitions, alignment of best practices and … Continued

ECBC Global Concept Note on Third Country Equivalence for Covered Bonds

An Industry concept note on third country equivalence for a global implementation of the Covered Bond Directive   The implementation of the European Union (EU) Covered Bond Directive represents a real legislative lighthouse driving harmonisation and alignment of market best practices with a principle-based approach in the 30 countries of the European Economic Area (EEA). … Continued


News, market insights and updates from the EMF-ECBC covering the latest regulatory developments with direct or indirect impact on mortgage credit and covered bonds.

Quarterly reviews

In light of mounting political uncertainty both within and outside Europe, the third quarter of 2016 has provided an aggregate housing and mortgage market picture which is in line with the previous quarters. In the EU house prices continued their upwards trend, on an aggregate level,…