The Financial Services Authority plans to make all mortgage advisers “personally accountable,” as it introduced new rules for companies that deal with consumers who are behind on their mortgage payments. The regulator, which started reviewing the mortgage market in October, said today all mortgage sales staff and firms must be FSA approved.
0 minute readFSA issues new rules to protect UK consumers behind on mortgages
June 25, 2010, 2:32pm
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio