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France May Nationalize Mortgage Lender CCCIF, Sunday Times Says

May 20 (Bloomberg) -- France may nationalize Caisse Centrale Credit Immobilier de France, one of its largest mortgage lenders, the Sunday Times reported, citing unidentified people with knowledge of the matter.

A purchase of CCCIF by a competitor may be another option and HSBC Holdings Plc has been asked to find a buyer, the newspaper said.

Calls by Bloomberg News to the offices of CCCIF and its parent company CIFD today went unanswered.

To contact the editor responsible for this story: Mike Harrison at

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