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FSA Archive
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FSA Publishes Common Sense Mortgage Rules
The Mortgage Market Review (MMR) is a major piece of work that the regulator has been conducting over the last couple of years in a bid to lay down the rules for mortgage lending to follow in future. The new rules have been received favourably as the consultation begins to move into the final phase [...] -
What the papers say- 17th November 2010
Mortgage reforms were mentioned once again in the midweek press, with the Chairman of the FSA, Lord Turner, claiming in the Financial Times that most borrowers will be unaffected by the new reforms, or will see the size of their potential loan drop ‘only slightly’. The Council of Mortgage Lenders is opposed to many of [...] -
What the papers say- 11th November 2010
There was further coverage in the midweek financial press of the recent CML report claiming that 5.6 million borrowers will not qualify for a new mortgage under the proposed FSA reforms, which are expected to be implemented next year. Experts in the Daily Mail urged the FSA to reconsider the changes, which will affect the [...]
