Consultant Zone

DB Mortgages fined £840,000 by FSA

DB Mortgages fined £840,000 by FSA

The FSA is not letting up the pressure on lenders as evidenced by another significant fine issued against a UK lender. Yet again the amount was substantial and the resultant customer redress program comprehensive and costly. However, there was one noteworthy departure from the regulators language in this decision notice; for the first time the […]