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FSA calls for action against Mortgage Fraud
| Shared by Caron on Tue Jul 22, 2008 5:28 am | |
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The Financial Services Authority (FSA) in the UK has told lenders to take proper action against mortgage fraud. The FSA has so far banned 17 mortgage brokers who are suspected of encouraging fraudulent applications. But they have plans to target 200 more brokerage firms. The FSA suspects some lenders to be guarding mortgage fraud and have warned them to avoid being a part of fraudulent deals. Looks like they're up to finding them out and taking legal action against them. Source: http://news.bbc.co.uk/2/hi/business/7519100.stm |
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• Mortgage Guide
• Mortgage Terms
• Mortgage News
• Book Center
• Shop and Compare lenders
• 30 Yr. Fixed Vs. 5/1 ARM
Calculators [View all]
• Are you eligible for loan?
• How much you can afford?
• Calculate monthly payment
• Calculate APR
Financial Tools
• Credit Repair Tool

• Mortgage Planner
• Simple Budgeting Tool
Community Rewards
• Five simple ways to earn money with the Mortgage Community.

Explore the lender near you


