Mortgages

The FSA says it expects to see "more prosecutions and confiscation of assets" as a result of mortgage fraud after it banned a North-London based broker.

Xit2, a property and mortgage outsourcing specialist, is launching a new arrears management product which it argues will help mortgage lenders and debt counsellors carry out detailed assessments of borrowers' current financial situations.

The extent of the decline in the mortgage market has been exposed by Council of Mortgage Lenders (CML) figures showing activity in 2008 hit its lowest level for 34 years.

Lead exchange marketplace LeadPoint has launched its new website leadpoint.co.uk, which provides users with information about lead generation and the different services offered by the firm.

The FSA first spotted weaknesses in Halifax Bank of Scotland's (HBoS's) risk controls more than six years ago, it reveals today.

Mortgage Brain, a mortgage technology solutions provider, is rolling out Mortgage Brain 6.80, the latest version of its sourcing system.

There has been little movement in the average number of housing transactions per surveyor, despite buyer interest rising for a third consecutive month.

The FSA says it has not seen any substantial evidence the quality of advice among mortgage advisers has improved.

Barclays has published its results for 2008, revealing that its market share for new mortgages reached 36%.

The Association of Mortgage Intermediaries (AMI) is calling on advertising authorities to pull NatWest's MoneySense TV campaign.