Friday, Nov 27, 2009
Mortgage Market to Face Even Tougher Control
E1 News: Mortgage Market to Face Even Tougher Control
On Wednesday, November 25th, the UK Treasury announced its plans on further reformation of the financial system.
According to the consultation document published by the Treasury, protection for British mortgage borrowers is to be extended. In the framework of this initiative, the Financial Services Authority (FSA) is to take control over fair treatment of mortgage borrowers who have had their mortgage loans sold to 3rd parties, as well as over buy to let and second-charge mortgages.
Posted by uch1405 @ 08:53 AM (346 views) Add Comment
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