All Types of Mortgages (AToM), a mortgage packager, has guaranteed to pay all introducer procuration fees on completed cases, even if the lender goes bust.
The number of advisers reporting refused sub-prime mortgage applications has almost doubled in less than two months, according to the Mortgage Business Expo.
Mortgage brokers are having to swap cases up to five times because of the rate at which lenders have been changing their product criteria, according to All Types of Mortgages (AToM).
The Bank of England says there is evidence some lenders may already be returning to making irresponsible lending decisions.
Britain's financial system is vulnerable to new shocks in the wake of its most severe challenge for decades, and banks and authorities must learn the lessons of the crisis, the Bank of England says today, The Times reports.
Paragon Mortgages has rejected claims it could be forced to run its business down if it cannot secure extra funding in the next six months.
The Bank of England has rejected claims by Northern Rock's chief executive, Adam Applegarth, that it caused the collapse of talks with a potential saviour for the firm by refusing to provide a funding facility.
Some 6.500 homebuyers, who have already exchanged on properties, could lose thousands of pounds as lenders use loopholes to try and pull out of mortgage offers before completion, according to Convex Conveyancing.
Northern Rock's top managers, including chief executive Adam Applegarth, have today faced a grilling from the Treasury Select Committee in Parliament, in which MPs said they should resign.
A consortium led by Richard Branson's Virgin Group is reported to have put forward a proposal to rescue Northern Rock.