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Rear View: The highlights of the week’s mortgage coverage

by: Mortgage Solutions
  • 09/09/2011
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Rear View: The highlights of the week’s mortgage coverage
In case you missed it, here is a rundown of the biggest stories and features that dominated our headlines.

Overhaul ER plans?

In our latest Market Watch, we asked industry experts Vanessa Owen, Harry Katz and Simon Chalk whether equity release plans need a complete rethink to help both consumers and the industry. MORE…

Copycat crime

A Barclays bank manager investigated a colleague’s £20,000 theft from a customer aged 95 – then stole £23,000 from the same pensioner by copying the crime. MORE…

Essential protection

Earlier in the week, PruProtect called for protection insurance to be made compulsory. It said that it’s already seeing signs of advisers switching to protection in anticipation of the Retail Distribution Review (RDR). MORE…

Help in need

Mortgage Solutions’ exclusive columnist, The Insider, ponders the ethics of arrears collection, it’s not just about money, but helping people at their greatest moment of need. To save, or not to save? MORE…

Better or worse?

Following the launch of Aldermore’s 100% LTV guarantor mortgage, reporter Simret Samra looked at whether clients would be better off saving for a 10% deposit over going for a guarantor deal. MORE…

SRB clampdown

On Wednesday, the FSA announced that it has extended the regulation of sale and rent back (SRB) agreements to all providers, in an effort to clamp down on the “considerable” number of unregulated transactions still taking place. MORE…

Get connected

In his blog, Julian Wells of HML, explored the benefits of social media for the mortgage industry and explained how Twitter and LinkedIn could work for brokers  and their businesses. MORE…

Oops…

According to a document accidentally leaked by a Santander boss, the implementation of new banking reforms may not be on the cards for a “significant amount of time.” MORE…

In the red

The FSA fined Essex-based sub-prime mortgage lender Swift 1st Ltd £630,000 for unfair treatment of customers facing mortgage arrears. The lender has been ordered to pay redress to customers of approximately £2.35m. MORE…

 

And finally…top tweets

Jeremy Corbyn MP

How surprising that the 320k people who pay 50p tax call for its removal. What about social justice, poverty and cuts hitting the poorest?

Paul Flynn

Amazing. After months of earache from Tories on the cause of the financial crisis, I’ve just heard on TV it was bad mortgage deals in USA.

Josh Brown

FS industry is creating its own jobs after all – ‘mortgage fraud investigator’

SimonNRicketts

George Osborne won ‘Politician of the Year’ at the GQ Awards. Tom Watson didn’t. That’s all you need to know about GQ magazine.

Georgiana Mannion

I’ve had an email from Groupon for a ‘Caviar Facial.’ Sounds like something George Osborne inflicts on a prostitute.

 

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