
That's the report from
Mortgage Strategy. The FSA say
We are actively in the business of taking brokers out of the system where there is evidence of fraudulent dealings.
The Association of Mortgage Intermediaries say
200 brokers represent about 0.66% of the mortgage intermediary community, so that means that 99.4% are doing right by their client.
That said, we applaud the FSA for driving the bad apples out of the marketplace.
Which doesn't follow at all! The FSA could just be starting with 200.
Labels: fraud, mortgages
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