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FSA can revamp mortgage rules

The Financial Services Authority has all the tools it needs to reshape mortgage regulation after the credit crunch, claims Telos Solutions.

The management and compliance consultancy says the regulator has the necessary tools in place to usher in a new dawn in the field of mortgage regulation.

Richard Farr, project director at Telos, says: “Brokers must now be in a position to show their supervisors that their systems and controls are adequate.”

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Call for guarantees on high LTV home loans

Tony Ward, chief executive of Home Funding, has called on the government to attach guarantees to all mortgage lending between 75% LTV and 95% LTV.

BDS staff face doubt on future

Staff at Skipton subsidiary BDS Mortgage Group have been placed into consultation over their jobs while the firm considers its options.

NfI celebrates successful year

Nationwide for Intermediaries is celebrating the first anniversary of its broker salesforce being launched.