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Old 08-06-2008, 12:28 AM
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Post FSA warns lenders as repossessions rise 41%

The Financial Services Authority (FSA) is reminding mortgage lenders of their obligation to treat customers fairly.In a recent review, the regulator found weaknesses in the way some lenders have been dealing with arrears and repossessions, particularly for consumers with impaired credit histories.Specialist lenders raised particular concerns for the regulator, which described some firms as operating [...]

More: FSA warns lenders as repossessions rise 41%
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