MORTGAGE brokers could be forced to reveal the commissions they earn for arranging home loans under ...
MORTGAGE brokers could be forced to reveal the commissions they earn for arranging home loans under proposals announced yesterday by the Financial Services Authority says the FT. Both brokers and lenders welcomed the City watchdog's plans to regulate brokers' advice to consumers for the first time - but warned that in some areas it might not go far enough. The proposals cover mortgages and other products where there is a first charge over the borrower's residential property, such as home improvement loans, debt consolidation loans and secured credit cards. Also included would be s...
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