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The Mortgage Mole

Pants With Lending Strategy editor John Murray and his wife Pam in Edinburgh to enjoy IF’s hospitality too, there was bound to be trouble. The mortgage market’s only official anarchist soon found himself falling foul of the law after wildly protesting at its attempts to shut down a dancing troupe on the city’s Royal Mile.

“I told them they were idiots if they were going to stop these people just for making us happy,” Murray confessed to Mole. “My comments didn’t go down too well, unlike my trousers which fell down at the airport when those bastards asked me to take my belt off.”


FISA compliance officer loses job

Clive Edwards, a compliance officer at the Finance Industry Standards Association, has been made redundant.

Halifax sees 1.8% fall in house prices

Halifax has reported a 1.8% fall in house prices from July to August 2008, taking the average house price down to £174,000, a fall of 10.9% from last year.

West Brom boss puts community on the agenda

Stephen Karle joined the management team at West Bromwich Building Society as part of a rescue package and did so well that he’s now chief executive – and he has a mission to make a difference

Credit licensing regime to change

The Office of Fair Trading is calling for secured loans firms to prepare for changes to the consumer credit licensing regime.

From October 1 firms offering debt administration or credit advice will need licences to access information from credit agencies on behalf of clients.


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