Mortgages

The US is planning to sue more than a dozen major banks for misrepresenting the quality of mortgages they sold during the housing bubble, the New York Times reports.

Paul Broadhead of the Building Society Association lays out his plan to revive the mortgage market to Paul Robertson.

Taxpayer-owned banks are set to warn their mortgage customers that they must put their mortgage repayments first, rather than renewing their digital TV subscription or buying a new phone.

A former mortgage broker named by Crimestoppers as one of the UK's ten most wanted fraudsters has been arrested.

A government-backed scheme to tackle mortgage application fraud will officially launch on 1 September, enabling lenders to check details of borrowers they suspect of fraud through HM Revenue & Customs.

You may face a more inquisitive client this week after the Observer took a closer look at what asset management reports say...and what they really mean.

Aldermore, Largermortgageloans and xit2 debate what's needed

The FSA has cancelled the permissions of Cheshire-based mortgage broker Total Independent Mortgages for failing to submit its Retail Mediation Activities Return (RMAR) for 2010.

The number of mortgage approvals increased around 4% on a monthly and yearly basis in July to 74,590, as gross mortgage lending remained flat for a third consecutive month at £7.6bn, the British Bankers' Association (BBA)reports.

The average age when potential first-time buyers expect to get on the property ladder is 35-years-old.