The Financial Services Authority (FSA) has prohibited a director and two mortgage advisors of Ambergate Business Services for their involvement in the submission of mortgage applications to lenders containing inaccurate, false and misleading information....
Bank of Scotland has been fined £4.2m by the Financial Services Authority (FSA) for failing to keep accurate mortgage records.
The Council of Mortgage Lenders (CML) said it is important for borrowers to know the difference between the types of mortgage fees after BBC Watchdog examined lenders "squeezing" homebuyers with large arrangement charges.
The New York Attorney General has sued J.P.Morgan Chase for allegedly defrauding investors who lost billions of dollars on mortgage-backed securities sold by Bear Stearns.
There could be as many as 1,000 extra mortgage advisers operating in the industry within the next few years as intermediaries cancel their investment permissions as a result of the Retail Distribution Review (RDR), according to Martin Reynolds, CEO of...