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BBC link 25/06/10
BBC News - Home owners given new protection by FSA
"New rules to protect struggling mortgage holders have been outlined by the Financial Services Authority (FSA).
The rules seek to help people who have fallen behind on their mortgage payments, with the FSA saying they must be treated fairly by lenders.
The FSA also wants to ensure all mortgage advisers have been approved as "fit and propoer" persons.
It has also announced new rules for staff and firms operating in the "sale and rent back" market............................................ "
Link to FSA
PS10/9: Mortgage Market Review - Arrears and Approved persons - Including feedback to CP10/2
Sale and rent back policy statement
PS10/8 - Regulatory reporting for sale and rent back firms - Feedback on CP10/4 and final rules
BBC News - Home owners given new protection by FSA
"New rules to protect struggling mortgage holders have been outlined by the Financial Services Authority (FSA).
The rules seek to help people who have fallen behind on their mortgage payments, with the FSA saying they must be treated fairly by lenders.
The FSA also wants to ensure all mortgage advisers have been approved as "fit and propoer" persons.
It has also announced new rules for staff and firms operating in the "sale and rent back" market............................................ "
Link to FSA
PS10/9: Mortgage Market Review - Arrears and Approved persons - Including feedback to CP10/2
Sale and rent back policy statement
PS10/8 - Regulatory reporting for sale and rent back firms - Feedback on CP10/4 and final rules
