Tag Archives: Mortgage

FCA consults on changes to mortgage advice rules to encourage consumer choice

On 7 May 2019, the FCA published Consultation Paper 19/17: Consultation on mortgage advice and selling standards (CP19/17). In CP19/17 the FCA sets out proposed changes in its mortgage advice and selling standards to address three harms identified through the … Continue reading

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FCA final report on mortgage market study

On 26 March 2019, the FCA published its final report on the mortgage market study. The FCA found that the mortgage market works well in many respects. Engagement is high and consumers are getting mortgages that are suitable and affordable. … Continue reading

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FCA consults on changes to responsible lending rules and guidance following mortgage market study

On 26 March 2019, the FCA published Consultation Paper 19/14: Mortgage customers: proposed changes to responsible lending rules and guidance (CP19/14). By way of background, the FCA is concerned that some consumers cannot switch to a more affordable mortgage despite … Continue reading

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Real Estate Broker Sentenced In Mortgage Scheme

Mortgage Fraud Blog. Geo Geovanni, 50, Moultrie, Georgia has been sentenced to 37 months in federal prison for conspiracy to commit bank fraud and bank fraud. According to testimony and evidence presented at trial, Geovanni worked as a real estate … Continue reading

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Did a mortgage creditor violate the discharge injunction by including in its proof of claim charges that had been discharged in debtor’s prior case?

Yes. An Ohio bankruptcy court ruled that the debtor’s mortgage creditor violated the discharge injunction by including in its proof of claim charges that had been discharged in the debtor’s prior Chapter 13 case.  In making its decision, the court … Continue reading

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