Industry

Fourteen people, including a solicitor, surveyors, valuers and mortgage advisers, have appeared in court in Wales charged in connection with an alleged £20m conspiracy to defraud.

FSA chief executive Hector Sants has revealed that the regulator will publish its proposed framework for the Mortgage Market Review (MMR) in autumn 2011, with no rule changes due before 2012.

Short-term lender Omni Capital has appointed BBC Apprentice contestant Liz Locke as business development director.

Michael Coogan, director general of the Council of Mortgage Lenders, has announced that he will be stepping down from his role in August.

A former mortgage broker is taking on the FSA without any legal representation as part of a £1.67m libel claim.

A debt-stricken Coventry estate agent has been jailed for 12 months after stealing more than £69,000 from his clients.

Britain's housing market is set to grind to a halt this year as worried consumers think twice before moving house and banks continue to be wary about lending, according to the Centre for Economics and Business Research.

House prices dipped again last month as the sluggish market activity in evidence since last summer continued into 2011, Nationwide says.

A new lead generation provider has launched on the protection and mortgage markets with plans to enter the pensions and investments sectors later this year.

Former The Apprentice contestant and mortgage broker Christopher Farrell today received a nine-month suspended prison sentence for doctoring applications to hit sales targets.