Fca Finds Some Lenders Could Manage Long Term Mortgage Arrears Better | Latest News RSS feed

Fca Finds Some Lenders Could Manage Long Term Mortgage Arrears Better - Latest News

FCA finds some lenders could manage long term mortgage arrears better

Home owners in the UK who find themselves in arrears should contact their lender sooner rather than later but those providing mortgages could manage some situations better, according to the financial ... read more

FCA finds 'disappointing' lender practices on arrears

The Financial Conduct Authority has found "disappointing" inconsistencies in how lenders manage ... It can mean people spiral further and further into a debt vortex. "Customers with long-term mortgage ... read more

FCA finds “inconsistencies” in arrears support

The FCA ... some mortgage lenders may not be doing enough to help customers who have fallen into arrears – particularly those deemed as being vulnerable. The findings, published following the watchdog ... read more

Looking for another news?

More households in serious mortgage arrears now than in 2008, FCA says

The watchdog has also discovered that some banks are not doing enough to properly manage ... long-term mortgage arrears need to be treated as vulnerable. For some the process of actually getting in ... read more

FCA warns lenders over treatment of borrowers in arrears

The City watchdog has warned it is considering regulatory action against mortgage lenders that ignore guidelines on how to treat borrowers who fall into long-term arrears ... they can take.” ... read more

Some 300 homes in mortgage arrears

Shocking statistics this week reveals there are almost 300 distressed mortgage holders in Sligo. New figures from the Central Bank's Long-Term ... can come up with a solution in many cases of serious ... read more

Simon Collins: Repeated conduct failings stretching FCA’s patience

There is a tone of disappointment and frustration in the FCA’s recent findings from its thematic review into the management of long ... Plan detailed its wish to better understand whether consumers in ... read more

Life with mortgage arrears in Ireland: I had ‘seizures from stress’

Dealing with a non-performing mortgage on a family home, and the accompanying prospect of repossession by a lender ... when the numbers in long-term arrears are combined with those in temporary ... read more

Home loan arrears on the rise as high debt and low wage growth bite

Problem home loans are now ... "affect mortgage arrears, particularly those in the more advanced stage, which continue to reach new highs." Low and middle income tax breaks May provide some short term ... read more

Rule change to free mortgage prisoners could happen 'fairly quickly'

These firms aren't regulated by the FCA, so can't offer new mortgages ... the situation some borrowers are in may put them outside the "risk appetite" of lenders. And he added at the meeting this ... read more

Permanent TSB’s tracker mortgage compensation bill may hit €50m

Some ... can improve this year and, indeed, we must,” he said. He added that putting sustainable solutions in place for mortgage arrears customers (long-term arrears cases declined by 9% last year, ... read more

Tens of thousands in mortgage distress ‘abandoned’, report says

The House Hold project compiled by the social justice NGO Community Action Network (CAN), said people in long-term mortgage arrears ... market can better withstand interest rise than amid boom ... read more

FeedsRSS Created by. Full RSS Feed | Privacy Policy | Contact Us