Mortgage market review (mmr)
Mortgage lenders have come under attack by the House of Lords for discriminating against older borrowers by placing age restrictions on their homeloans.
FCA policy boss Lynda Blackwell is set to hit the road to Birmingham, Manchester and Newcastle with Mortgage Solutions' Mortgage and Protection Event.
If you wanted a finer example of the impact that regulation has had on the mortgage market - in particular the MMR - then you will find no better one than HSBC's recently announced decision to begin lending through mortgage advisers.
Other Mortgage market review (mmr) articles
As the housing market continues its upward trajectory, the buy-to-let market is quietly outperforming the residential market in terms of year on year growth during 2014.
The impact of the Mortgage Market Review and other restrictions on residential lending have proved a boon to buy-to-let lenders, Nationwide’s Gary Salter has said.
Quarterly house price growth continued to slow in September, dampened in part by the prospect of an imminent rate rise, said Nationwide.
Some 88% of mortgages were taken out on a fixed rate basis in the first quarter of the year, statistics from the Financial Conduct Authority have shown.
The availability of mortgage finance ‘fell significantly’ over the summer, according to the Bank of England’s latest credit conditions survey.
With the EU mortgage credit directive now on the horizon, TMA marketing manager Lauren Bagley looks at the compliance options available for directly authorised brokers.
Seven out of 10 mortgage brokers (72%) believe the impact of the Mortgage Market Review (MMR) has made lenders too risk averse, a market survey has found.
While the polling in Scotland has captured the public’s attention, IMLA has been paying special attention to a poll of its own.
The Financial Conduct Authority (FCA) has today set out plans to fold second charge mortgages into the FCA's mortgage rules, removing it from the consumer credit regime.
Charging clients fees for advice on retail investments became a reality for IFAs in 2012 under the Retail Distribution Review which placed a ban on commission being paid by investment providers.
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