Michael Coogan, director general of the Council of Mortgage Lenders, has announced that he will be stepping down from his role in August.
The Council of Mortgage Lenders (CML) today reports the lowest monthly level of remortgage activity - both by number and value - in eight years of available data.
This year could be "the year of regulation and enforcement" Michael Coogan, director general of the Council of Mortgage Lenders (CML), has warned.