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Editor’s blog: The unmasked avenger

This week, DB Mortgages became the fourth ex-sub-prime lender to be fined and get a dressi...

  • Feb 23, 2011
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Portillion CEO Stephen Knight forced to quit through illness

Ex-GMAC RFC chairman Stephen Knight has been forced to quit his role as CEO at lender-in-w...

  • Feb 23, 2011
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HML staff face redundancy risk after GMAC account loss

GMAC-RFC's decision to service its £3.6bn mortgage book in-house has forced third-party m...

  • Dec 17, 2010
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Lender fined £630,000 for poor arrears handling

The Financial Services Authority (FSA) has fined mortgage lender Redstone Mortgages £630,...

  • Jul 15, 2010
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GMAC exits European mortgage market

GMAC Financial Services has revealed its residential capital (ResCap) unit is leaving the ...

  • Apr 13, 2010
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FSA may name firms in arrears investigations

The FSA could name the firms it is investigating over arrears charges if Parliament passes...

  • Mar 23, 2010
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FSA delaying its arrears probe: Which?

Consumer organisation Which? has accused the FSA of procrastination in its investigation i...

  • Mar 23, 2010
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Broker jailed for mortgage fraud

Kent-based mortgage broker Dele MacAulay was jailed last week at Luton Crown Court for 21 ...

  • Mar 08, 2010
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Close Brothers buys £94m loan book from GMAC

Close Brothers Group has bought the £94m invoice financing loan book of GMAC Commercial F...

  • Jan 05, 2010
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Market Watch

The FSA has ordered GMAC-RFC to pay a record fine after finding the lender guilty of treat...

  • Nov 09, 2009
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