Mortgage market review [electronic resource] responsible lending

Mortgage market review responsible lending [electronic resource] - London Financial Service Authority 2010 - FSA Consultation Paper 10/16 .

Background and overview -- Affordability assessments -- Product regulation -- Arrears charges - Responsible borrowing, Better informed purchasing, Non-deposit taking lenders -- Annexe 1 Part 1 cost-benefit analysis responsible lending -- Annexe 1 Part 2 High-level cost benefit analysis on current position on interest-only -- Annexe 1 Part 3 Capability statement -- Annexe 2 Arrears charges analysis -- Annexe 3 Responsible lending data pack -- Annexe 4 list of consultation questions

Responsible borrowing based on an affordability assessment of a borrower's ability to meet mortgage payments are amongst proposals set out in a discussion document aimed at reforming the mortgage market. Consultation on questions 16 to 22 about interest-only mortgages and questions 33 and 34 about non-deposit taking lenders closes 30 September 2010, all other questions by 16 November 2010.


ENGLAND AND WALES

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