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A look back at last week’s most read stories

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  • 15/02/2013
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A look back at last week’s most read stories
Each Friday, Mortgage Solutions rounds up the most popular articles on the website over the past week.

This week’s top five stories:

1) FSA revokes permissions of mortgage brokerage
The Financial Services Authority (FSA) has cancelled the permissions of mortgage brokerage Green Money after declaring the firm unfit to conduct business.

2) Metro Bank to offer mortgages via Legal & General
Metro Bank will offer its mortgage products to Legal & General advisers for the first time as it expands its intermediary channel reach.

3) Broker fights for disgraced MP Huhne’s old seat
A mortgage adviser is running as the Liberal Democrat candidate to replace Chris Huhne as an MP.

4) Who stands up for the mortgage adviser?
We’ve had years of comments saying the industry needs to be cleaned up. But I think we have come a long way in the last year and, despite the goal posts being moved again, we have all adapted to change as we always do, says Sally Laker.

5) Focus on Cambridge Building Society
In the first in a series of articles examining the building society sector, Mortgage Solutions’ senior reporter Adam Williams sits down with Cambridge Building Society.

Here are some stories you may have missed:

Network league tables can be misleading
It’s the time of year when network league tables are being published again. While everyone likes to have a look and see who has gone up and who has gone down it’s a very opaque measure so we need to view the numbers with caution, says LSL’s Jon Round.

Mortgage rates should be falling in step with FLS subsidy – BoE
Banks need to approve more mortgages and cut interest rates further to match the corresponding fall in funding costs, the Bank of England has suggested.

Will 2013 see the return of the MIG?
Mortgage Solutions reporter Julia Rampen asks whether this year will bring the return of mortgage indemnity guarantees.

Brokers back Nationwide to up intermediary lending in 2013 – exclusive
Brokers expect Nationwide to increase its intermediary lending this year, according to a study by BDRC Continental.

ING’s latest tracker: is there still a place for variable rates?
As the Bank Rate has not moved since March 2009, the advantages of a variable rate mortgage are not as obvious as they once were. Has ING indulged in a gimmick, or is it tapping into a hidden demand for variable rate mortgages?

Tweets of the week:

Dean Mason ‏@MasonsFinancial
‘Would you like a sainsburys credit card sir?’..(Me) ‘no thanks we’ve just cleared all our debt’…’Why don’t you take some more out!’#noway

Martin Reynolds ‏@ReynoldsRambles
15th February 1988. My first day in Financial Services. That’s 25 years today! #oldmantweet

Hayes Finance ‏@hayesfinance
The number of #properties repossessed by residential #mortgage lenders dropped to the lowest level since 2007

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