Thursday, May 15, 2008
They are planning for worse to come
She continued: “We are extremely pleased to be involved in today’s meeting where we will put forward various recommendations. These include, a review of the current qualifying conditions for state supported mortgage payments, the feasibility of creating a national mortgage rescue scheme, the implementation of the early protocol on repossession action as drafted by the Civil Justice Council and an examination of the possession action taken by sub prime lenders who are not presently regulated by the Financial Services Authority.” They all know what's coming!!