AMI forms mortgage market review working party

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The Association of Mortgage Intermediaries (AMI) has formed a working party of its members to consider the major issues facing the mortgage market.

  The working party will help shape AMI's response to the FSA's mortgage discussion paper, expected in late September or early October. As part of the response, the working party will feed into three papers which cover wider macro market issues, the conduct of business rules and affordability. AMI director Robert Sinclair says it is critical that intermediaries provide a strong and coherent message in advance of the discussion paper later this year. "The FSA is already developing a view of the regulation necessary to manage the mortgage market," he says. "This working party w...

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