What lies b eneath
Mortgage Introducer looks at what lies beneath CP:10/2 and finds that there really is a lot that matters to you
MMR discussion paper would be nullast What concerned it most though was
tracked’ to a null in early nullnull.null the way that clients in arrears were
null first glance both aspects of null entered into an nullrangement to Repay
nullnullnullnullrears and nullproved Personsnull and the charges that were levied on
appear to benullin nullrr’s own wordsnullnullo arrears charges.
brainersnull nullt on closer readingnullnullhere What’s generally been the case in the
could be a dose of strong medicine for past is that a client in arrears is charged
somenull a monthly fee for being in arrearsnulland
nulle null itself is fairly straightforward before they can even pay off the arrears
and the nullnullseem to be hitting all the fee they are having to pay the arrears
right notes. Despite all its efforts to clean fine. nulld that’s not something the nullnull
up the mortgage market the nullnullsoon likes.
found that when consumers fall into
payment difficulties they were still not
being treated fairly.
nullome of those outcomes were
so poor that we have already
taken enforcement against one
firm with another sinullfirms
referred to our enforcement
divisionnull it said.
mortgage introducer MnullCnull2010
21
MI p20-25_0310.indd 3 23/02/2010 11:01
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