Mortgage supply at risk in FSA break up

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Mortgage supply at risk in FSA break up

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06-17-2010, 10:16 AM

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Mortgage supply at risk in FSA break up

The news that the Financial Services Authority (FSA) is to be broken up could have an impact on the availability of high loan-to-vale mortgages, already scarce in the market.Chancellor of the Exchequer, George Osborne, has announced that the key role of regulating the UK financial sector is to pass to the Bank of England.The change [...]

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