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Future in secured loans rumour

Future Mortgages is rumoured to have temporarily halted its secured loans business. The Citigroup subsidiary is expected to make an announcement about the rumour this week.

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Bank bosses go head to head with PM

Bosses of the UK’s biggest banks will today hold talks with the Prime Minister in a bid to devise urgent solutions to the credit squeeze.

Positive picture for networks in Q1

The Q1 network table is based on the Financial Services Authority’s figures as of April 10. The data shows that the top 18 networks had a positive net growth of just three appointed representative firms in the quarter.

Borrowing binge sparks fear over repossessions

A law firm has warned that the increase in unsecured personal borrowing could result in a repossessions surge this year.Bank of England figures show that unsecured personal borrowing rose to £2.4bn in February from £900m in January – the biggest increase for more than five years.Repossession litigation specialist Moore Blatch says these figures highlight the […]

Brokers embrace Blemain changes

Brokers have embraced Blemain Finance’s minimum standard requirements for service on packaged cases issued at the end of 2007, says the firm.

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