Fsa
This is the Mortgage Solutions weekly talk back page. Each week, we'll pick the best letters to the editor and online comments to the hottest stories to give you a flavour of what the industry is really thinking.
The FSA has imposed a lifetime ban on David Marriott, the former chief executive of two insurance intermediaries, for persistent misuse of client money.
The FSA has taken action against two mortgage brokers for reckless business practises that allowed false and misleading mortgage applications to be made to lenders.
Other Fsa articles
The number of FSA staff earning more than £100,000 has almost trebled in the past four years.
This is the Mortgage Solutions weekly talk back page, where we pick the best online comments and letters to the editor on the big stories of the week to give you a flavour of what the industry is really thinking.
The drive towards higher professional standards is here to stay, according to Sesame Bankhall.
Most of us admit to faults of one kind or another. Plenty of people try hard to be better on a daily basis - or just hide faults more convincingly.
John Charcol has seen the proportion of purchase mortgages hit its highest level in “decades”, breaking through the 60% barrier in July.
The overall number of approved persons fell sharply in the second quarter of the year, coupled with a drop in new business authorisations after cancellations, figures suggest.
The FSA has fined the UK branch of Zurich Insurance £2.275m for failing to have adequate systems and controls in place after it lost 46,000 policy holders’ confidential details.
The FSA will recruit 30 more lawyers and investigators to combat commercial crime, even as it faces being broken up, according to reports.
With professional indemnity (PI) insurance premiums predicted to rise by as much as 50% in the next two years, Tenet distribution and development director Keith Richards offers advice to mortgage brokers on what they can to do mitigate the effect.
A number of the UK’s largest banks have warned the proposed changes to the country’s regulatory system – including the scrapping of the FSA – will leave too much power in the hands of a small group.
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