Comments on: £30,000 fine for mortgage broker

By: Electric Golf Trolleys

Electric Golf Trolleys — Tue, 17 Mar 2009 10:31:59 +0000

The credit crunch was caused by the investment banks getting out of control with speculative trading and banks buying up so called asset books (mortgage contracts) With a culture in the industry of say nothing negative about it or face the consequences it ran out of control.

By: Mortgage Broker

Mortgage Broker — Sat, 10 Jan 2009 13:43:18 +0000

I’m glad the FSA are looking into the larger companies not just the small mortgage brokers, maybe this action would stop problems at consumer level, but nothing for the cause of the credit crunch..

By: DiscoStu

DiscoStu — Thu, 13 Nov 2008 04:08:13 +0000

I’m just glad mortgage rates are dropping here in Australia, after the constant rises under the previous conservative government, it’s nice to be paying a little less at last!

By: Mortgage

Mortgage — Wed, 29 Oct 2008 15:35:53 +0000

It’s good that something is being done to help ensure that consumers are getting good services. It’s hard to find a good mortgage company sometimes. It’s good to know that steps are being taken to try and make it easier.