Latest news for FSA Financial Services Authority

FSA Puts Common Sense At The Heart Of Mortgage Lending

(28/12/2011)

The Financial Services Authority (FSA) announced on monday 26th december, plans to prevent a return of the risky mortgage lending seen in boom times, by ensuring that common sense standards continue to apply in future. The Mortgage Market Review aims to prevent a recurrence of the irresponsible lending which resulted in some borrowers taking on mortgages which only seemed affordable on the assumption that house prices would always rise. Many o... [more]

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