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A further review of small mortgage firms' activities in the self-certified market, where borrowers certify their own incomes, and will publish its findings this autumn. The FSA assumed oversight of mortgage regulation since October at the request of the government. The mortgage industry has about 2.75m consumers each year and the property market is worth about £3,000bn.
 
In a recent exercise involving visits to 31 small brokers active in the sub-prime market, the FSA found that in 60 per cent of cases insufficient information was obtained about the customer. In 80 per cent of cases insufficient information was obtained about the customer. In 80 per cent of cases insufficient information was obtained about the customer. In 80 per cent of cases insufficient information was obtained about the customer. In 80 per cent of cases insufficient information was obtained about the customer. In 80 per cent of cases, the FSA said there were still "too many cases" where firms did not follow the required procedures.
 
 

 

 

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