FSA Poised To Get More Mortgage-Oversight Authority

25 Nov 2009

HM Treasury is looking to expand the U.K.’s Financial Services Authority regulatory oversight powers to mortgages sold to third parties.

HM Treasury is looking to expand the U.K.’s Financial Services Authority regulatory oversight powers to mortgages sold to third parties. According to a consultation document, the government wants the FSA to have authority over second-charge mortgages and but-to-let mortgages as a way to provide U.K. mortgage ...

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