Relevance of experts’ experience
The lending market has gone through immense changes over the past thirty years; the launch of centralised lending in the eighties, new specialist and sub-prime lenders in the nineties and the demise of most of them in the past five years! The impact new lenders had on the market place has also been significant, with […]
International mortgage underwriting practices
On the 26th October 2011 the Financial Stability Board (FSB) issued a paper for public consultation, titled ‘Principles for Sound Residential Mortgage Underwriting Practices’. The FSB was established to co-ordinate at international level the work of national financial authorities and international standard setting bodies and to develop and promote the implementation of effective regulatory and […]