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Mortgage Lenders Consumer Financial Products United Kingdom

A&O Shearman

FCA publishes final rules on simplifying mortgage lending rules under the MRR

A&O Shearman on

The UK Financial Conduct Authority (FCA) has published final policy statement PS25/11, accompanied by a press release, finalising the first set of reforms under the Mortgage Rule Review (MRR). These changes aim to simplify...more

A&O Shearman

UK Financial Conduct Authority portfolio letter on strategy for mortgage intermediaries

A&O Shearman on

The U.K. Financial Conduct Authority has published a portfolio letter on its strategy for mortgage intermediaries setting out the areas of regulatory focus for the next two years. The FCA's overarching focus is on embedding...more

Hogan Lovells

English High Court rules on transferee mortgage lender's entitlement to maintain prevailing SVR

Hogan Lovells on

The High Court in London has given judgment on three key preliminary issues in a claim brought by former customers of Northern Rock, whose mortgages and loans were acquired by TSB Bank. The Court found in favour of TSB on...more

Hogan Lovells

FCA measures to help consumers with mortgages: considerations for securitisation transactions

Hogan Lovells on

Over the summer, the UK government announced that it had agreed a new Charter of support measures for mortgage holders with the FCA and the UK's principal mortgage lenders. Resultant changes to the FCA’s mortgages sourcebook...more

Robins Kaplan LLP

Financial Daily Dose 12.18.2019 | Top Story: Fiat Chrysler and Peugeot Boards Agree to $50 Billion Merger

Robins Kaplan LLP on

Fiat Chrysler and rival Peugeot have agreed to binding merger terms that, if approved by US and European regulators, would create a “$50 billion auto giant that would rank among the world’s largest car companies by sales”....more

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