Liquidity
The FSA has said it will delay introducing stricter liquidity requirements for firms until the economic recovery is assured.
Moodys has warned that banks and building societies may be forced to merge in the next few years as they face a potentially future-threatening fight for retail deposits.
Safe Home Income Plans (SHIP) has started a campaign to encourage major financial institutions to provide funding for the equity release market.
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At the recent Mortgage Expo, the Intermediary Mortgage Lenders Association (IMLA) said the Mortgage Market Review (MMR) was detracting from the main issue in the market – a chronic lack of funding. Do you agree with its view? What steps can the industry take to tackle the funding issue?
Rightmove has predicted three further months of falls in asking prices, as new sellers drop the price that they will accept over the winter period.
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