Mortgages

The Mortgage Business (TMB) has appointed Paul Sawford as business development manager for North and East London and parts of Essex.

The FSA today defended its stance on dual-pricing during a heated debate on the issue at the Mortgage Business Expo in Manchester.

Nine out of ten advisers believe dual-pricing should be banned by the FSA, according to the latest results of IFAonline.co.uk's straw poll.

LeadPoint, the lead exchange marketplace, has revealed the number of consumers missing mortgage repayments is on the rise.

The proportion of first time buyer and remortgage customers going to mortgage intermediaries has increased, according to the Council of Mortgage Lenders (CML).

The FSA has fined Thinc Group £900,000 for failures when selling and advising on sub-prime mortgages.

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Lenders' focus on business volume over business quality in recent years has created an environment where mortgage fraud can flourish, according to Bob Ferguson, head of financial crime policy and intelligence at the FSA.

Gordon Brown has today announced measures to help first time buyers as well as the creation of a new national savings scheme in Draft Legislation for the year ahead.

Securitisation as a mortgage funding method might never recover from the current credit crunch, according to Jackie Bennett, head of policy for the Council of Mortgage Lenders.