Brokers reacted angrily towards the FSA during the Mortgage Expo - stating they are 'bitterly disappointed' 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've 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'm sure you have my name, so I'm not too optimistic as to how my application will go now. But I am expressing my bitter disappointment in the FSA.”