Brokers express &#39bitter disappointment&#39 in FSA

Brokers reacted angrily towards the FSA during the Mortgage Expo &#45 stating they are &#39bitterly disappointed&#39 with how the regulatory process is being handled.

During the Expo a number of brokers expressed their frustrations and revealed that they have little confidence in how the FSA is managing the regulatory regime.

Challenging a panel of FSA members, one broker says: “I&#39ve got less than eight weeks to make a decision on what regulatory route to take. All the FSA has given us is ifs and buts. At this stage, we should be given certainties. I&#39m sure you have my name, so I&#39m not too optimistic as to how my application will go now. But I am expressing my bitter disappointment in the FSA.”