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Collections in a cold climate

It seems that every day we are presented with more evidence in the media that the country is in the grip of a serious downturn.

Merger rules changed to protect society deposits

The Financial Services Authority has modified regulations to allow merged building societies to be covered by deposit protection compensation as separate entities.

Reintroducing the right-to-borrow

Looking at the current mortgage funding crisis and the fall of the former building societies such as Bradford & Bingley and Halifax, it is fascinating to note that back in the 1980s the Building Societies Association was lobbying parliament for new legislation which would allow its members to become mortgage banks.And intriguingly, a key player […]

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