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Sub-prime

Investment

Ex-Credit Suisse banker guilty of $1bn sub-prime fraud

A former Credit Suisse banker has been found guilty of fraud after deceiving investors into buying risky investments that led to $1bn (£610m) of losses.

clock 18 August 2009 •

Sub-prime

Unemployment hits 11-year high - papers 12 Nov

Unemployment reached an 11-year high today when another huge increase in the numbers looking for work edged the total closer to the two million mark, The Independent reports.

clock 12 November 2008 •

Mortgages

Directors avoid £300,000 fine due to bankruptcy

Two directors have been censured by the FSA for failing to ensure their firm had appropriate procedures in place to ensure customer received suitable mortgage advice.

clock 30 September 2008 •
Sub-prime borrowers facing 'massive' hike in payments

Mortgages

Sub-prime borrowers facing 'massive' hike in payments

Sub-prime mortgage borrowers are facing large increases in their monthly mortgage payments if they cannot secure a new deal, according to Moneyfacts.co.uk.

clock 28 August 2008 •
Brokers urged to review compliance in light of fines

Mortgages

Brokers urged to review compliance in light of fines

Brokers are being urged to heed the FSA's recent enforcement actions and ensure they meet regulatory requirements.

clock 11 July 2008 •

Mortgages

Sub-prime row erupts over Cable 'unscrupulous' claim

The Intermediary Mortgage Lenders Association (IMLA) has hit out at Lib Dem shadow chancellor Vince Cable for calling the sub-prime mortgage industry unscrupulous over arrears and repossessions.

clock 06 June 2008 •

Income

Making the right choice

Helen Morrissey talks to a panel of experts about the options available to people when they reach retirement

clock 01 June 2008 •

Mortgages

Thinc sorry for sub-prime errors after £900k FSA fine

Thinc Group has apologised for failures when selling and advising on sub-prime mortgages after the firm was yesterday fined £900,000 by the FSA.

clock 16 May 2008 •
Thinc hit with £900k sub-prime fine despite FSA warning

Mortgages

Thinc hit with £900k sub-prime fine despite FSA warning

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

clock 15 May 2008 •

Mortgages

Sub-prime/ lifetime mortgage customers confused by advice and info-FSA

Sub-prime and lifetime mortgage consumers are unable to make a distinction between receiving advice or information-only, according to findings published by the FSA today in the second stage of its Mortgage Effectiveness Review .

clock 31 March 2008 •
123
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