Mortgages
First time buyers
The Financial Services Authority (FSA) has confirmed it is removing the non-advised sales process for mortgages, but has clarified its definition of 'regulated' advice following concerns from lenders.
25 October 2012
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Regulation
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....
19 October 2012
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Mortgages
Bank of Scotland has been fined £4.2m by the Financial Services Authority (FSA) for failing to keep accurate mortgage records.
19 October 2012
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First time buyers
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.
18 October 2012
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Regulation
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.
02 October 2012
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