MMR

Financial services group LEBC is to create a dedicated mortgage advice team in light of the implementation of new rules following the Mortgage Market Review (MMR).

The Financial Conduct Authority (FCA) will be on the lookout for "gaming activity" of any kind following the implementation of the Mortgage Market Review (MMR), with the falsification of income levels of particular interest, it warned.

Assessing firms' readiness for the Mortgage Market Review

The mortgage market is experiencing "strong upwards momentum" and gross lending may top £200bn for the first time in seven years in 2015, but there is little evidence of a housing boom developing, according to the Council of Mortgage Lenders (CML).

MMR

REGULATION

Regulator lays out orientation plans ahead of MMR

The Financial Conduct Authority (FCA) has begun tracking intermediaries' and lenders' progress towards implementing new rules following the Mortgage Market Review (MMR).

The chief executive of the Association of Mortgage Intermediaries (AMI) has hit out at the Financial Services Authority (FSA) over its failure to launch an individual registration scheme for mortgage advisers.

WRONG TIME