The European Commission has published a study on the regulations applying to non-credit institutions that provide mortgages across the EU. It forms part of a wider examination of harmonisation of mortgage regulation launched by the Commission's white paper on mortgage credit published in December last year. This issue is very important at the moment since it was non-regulated mortgage companies in the US that sold most of the ill fated sub-prime mortgages. The internal market Commissioner Charlie McGreevy has said that the study is of great significance in the current financial context and will help the Commission to assess whether there are any regulatory gaps in the supervision of EU mortgage lenders and whether new measures are needed to address them. This study is open for comment up to the 20th February 2009.