Monday, Nov 19, 2007
First of many?
BBC News: Broker closed for sub-prime loans
A mortgage broker has been closed down and two others fined for mis-selling sub-prime mortgages.
The Financial Services Authority (FSA) took the action against the three small firms after investigating the sale of sub-prime mortgages earlier this year.
Posted by Webmaster @ 01:17 PM (302 views) Add Comment
4 Comments
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1. Sold My Soul To The Never Never Never said...
No sub prime lending in this Country then eh!
2. Mahmon said...
Interesting, it does not seem that long ago we were all told that there was NO sub prime in the UK!
3. the northerner living in oz said...
Why have they taken so long to take action?
***What only a fine no prison time****
Closing the gate after the horse has bolted!
4. paul said...
somebody take note - write a mark on your calendar - synchronize your PDA quickly!
The FSA has done some work.