Moody's has warned mortgage lenders will be forced to merge when the Government schemes come to an end.
House purchase loans in October reached their highest level since December 2007, according to the latest data from the Council of Mortgage Lenders (CML).
The buy-to-let market has begun to show signs of recovery with the number of deals increasing from the all time low of 179 in September 2009 to 239 today.
The housing market will continue to strengthen over the next few years rendering a dreaded 'double dip' in prices unlikely, investment specialists Assetz says.
Bankers blamed for the global financial crisis will see their pay packages limited under a blueprint for steering the international economy towards recovery, according to the Independent.
Borrowers are continuing to suffer as lenders remain reluctant to reduce the cost of fixed rate mortgages, according to Moneyfacts.co.uk.
The director of a Cornwall-based IFA has been slapped with a £17,500 fine for failing to tell the FSA about an employee's suspect methods and ethics.
Mortgage rates have only fallen slightly despite record cuts in interest rates, according to research from moneysupermarket.com.
The FSA has defended its position regarding lenders that slap unfair charges on mortgage customers in arrears after criticism by MPs in the Treasury Committee.
The FSA has banned a mortgage broker for submitting remortgage applications with false information.