CML news & views
Issue no. 20 - 13 October 2009
Later this month, the Financial Services Authority will publish a key paper as part of its mortgage market review. Today, we preview our submission to the FSA, urging caution about hasty regulatory intervention at a time when the mortgage market is still not functioning properly.
In this issue
Where next for mortgage regulation?
As the FSA presses ahead with its review of the mortgage market, we believe that changes to the rules should be focused on clearly identified consumer detriment. The FSA does not need to act quickly and should concentrate on getting the rules right.
The case for expanding the FSA's role
The mortgage market review will not only look at possible changes to the mortgage rules. It will also consider the scope of the FSA's remit. Should it be extended to include second charge and buy-to-let lending?
Lenders and builders need 'shared agenda' to restore market
At today's Home Builders Federation conference, Michael Coogan called for lenders and builders to work together to help re-build consumer confidence in their industries.
Editor's details
- Name:
- Bernard Clarke
- Tel:
- 020 7438 8923
- Email:
- bernard.clarke@cml.org.uk



