You can take another look at this week’s news and we’ll round up the most thought-provoking or unmissable comments posted after stories or letters sent straight through to the editor.
Comment any time on the Mortgage Solutions website and you could feature in next week’s Mortgage Mutterings.
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EC Directive: Commission payments face ban
Mortgage Solutions | 31 Mar 2011 | 16:55
Vicky Hartley
If commissions are to be changed perhaps we all need to start thinking about the high quality advice we provide our clients with and a fee structure that is fair but also rewards good advice. I believe that most lenders have a fair commission structure based on the level of work. Let’s hope there are no further cut backs to what is already a tough but exciting time ahead.
Max Mace
31 Mar 2011 | 18:07
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EU regulatory paper clamps down on “irresponsible” mortgage lending
Mortgage Solutions | 31 Mar 2011 | 10:07
Simret Samra
This is more red tape from a body that obviously hasn’t looked at what is already in place. How much more ‘regulatory and disclosure information’ can you fit onto a piece of paper?
Paul T
31 Mar 2011 | 11:03
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The Good Mortgage Company hunts buyer
Mortgage Solutions | 30 Mar 2011 | 09:26
Mortgage Solutions
Many mortgage brokerages are suffering in the present climate and things can only get worse. Looking at the figures, this brokerage seems to be on its last legs. Who would buy it?
Bill Wells
30 Mar 2011 | 09:59
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FOS funding nears crisis point; Levy hike looms
Mortgage Solutions | 28 Mar 2011 | 10:42
IFAonline
It seems quite acceptable to the regulators that the big banks will not co-operate at all with the repayment of premiums and costs to individuals who have been mis-sold PPI insurance. In addition, the banks are also allowed to refuse to pay case fees. But if a small IFA refuses to co-operate and refuses to pay fees, they are thrown on the scrap heap. That would indicate that the regulators are in the pockets of the big bankers.
Philip Curnow
29 Mar 2011 | 17:45
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Mortgage adviser cons friends out of £200,000
Mortgage Solutions | 25 Mar 2011 | 12:30
Mortgage Solutions
His 18 months in jail will hopefully give him an opportunity to kick the habit, but the true cost of his conviction will be the end of his financial services career. He’s lucky to have such good friends.
Clarky51
25 Mar 2011 | 17:56
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Osborne: Housing industry dictated scale of FirstBuy Direct
Mortgage Solutions | 29 Mar 2011 | 16:24
Simret Samra It is a pity that this scheme is not available to first-time buyers who want to buy any type of property rather than a new build, as this would have helped to get the housing market moving again. The only vendors benefitting from this scheme are builders.
Brendan O’Meara
29 Mar 2011 | 17:20
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Have a great weekend
From the Mortgage Solutions team