Sub-prime failings cost adviser £900,000 - Guardian Unlimited
Story date: 2008-05-16 01:29:00
Added on: 2008-05-16 16:00:50
A financial adviser that sold hundreds of sub-prime mortgages was fined almost £1m yesterday after it was found guilty of failing to check whether clients could afford the loans. The Financial Services Authority said it levied one of its highest ...
Read more...
Related Stories:
-
Huge fine for financial adviser (BBC News)
The Thinc Group is fined £900,000 for poor record-keeping when selling sub-prime mortgages....
2008-05-15 04:42:36 -
FSA levies biggest ever fine for sub-prime failings - Times Online
The Financial Services Authority has fined one of the country's biggest independent financial adviser groups £900,000 for serious failures in the sale...
2008-05-15 03:46:00 -
Mortgage broker fined by regulator
Birmingham Post - A mortgage broker was fined today for selling insurance that customers might never have been able to claim on...
2007-09-06 05:46:00 -
FSA fines mortgage lender £1.12m - Times Online
The City watchdog has fined GE Money Home Lending £1.12 million for overcharging hundreds of sub-prime borrowers by a total of £2.3...
2008-09-25 11:46:00 -
IFA firm Thinc fined for subprime mis-selling (Reuters.co.uk)
LONDON (Reuters) - A large firm of independent financial advisers, the Thinc Group, has been fined for not telling customers the risks...
2008-05-15 05:12:24 -
FSA fines UK Mortgage arm of GE - Financial Times
A UK mortgage subsidiary of General Electric has been fined more than £1m by the City watchdog for sloppy systems that caused...
2008-09-25 11:10:00 -
Broker closed for sub-prime loans (BBC News)
A mortgage broker is closed down and two others fined for mis-selling sub-prime mortgages....
2007-11-19 05:30:19 -
Mortgage broker fined for financial promotion and sales-related failings (UK Financial Services Authority)
The Financial Services Authority (FSA) has fined Select Mortgage Services (Select) £10,500 for poor financial promotions, inadequate sales processes and inappropriate systems...
2007-09-03 04:32:10
