Regulators cast mortgage lenders as drug dealers at school gates

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Regulators cast mortgage lenders as drug dealers at school gates

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11-16-2009, 09:22 AM

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Regulators cast mortgage lenders as drug dealers at school gates

The chairman of the Council of Mortgage Lenders has accused regulators of depicting the UK’s mortgage lenders as “drug dealers at the school gates”. Addressing the CML conference last week, Matthew Wyles said he increasingly saw lenders and intermediaries cast in this role, “enticing innocent consumers in and then getting them hooked, for their own evil [...]

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