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IMLA defends subprime lenders

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06-09-2008, 11:13 AM

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IMLA defends subprime lenders

The Intermediary Mortgage Lenders’ Association (IMLA) has spoken out on behalf of the UK’s subprime lenders after new guidelines from the Council of Mortgage Lenders (CML) prompted an attack on the sector from a Liberal Democrat MP. Last week, the CML published new guidance on mortgage arrears in an effort to develop a uniform approach [...]

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« CML provides uniform response to borrowers in arrears | Negative equity looms for 23,000 homeowners »

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