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hhCredit Suisse Loans Bringing you the latest hhCredit Suisse Loans news and resources from around the world. 
Using the selection of topics on the left, you are able to navigate the website to find news and resources for the topics that are of interest to you. If there are any topics not included here, which you would like to see featured. Please contact us and we will endeavour to accommodate your request. hhCredit Suisse LoansNemo Loans hhCredit Suisse Loans Ben Stafford, director of policy at the AMI, said: "This is a regulated market now and any firms that inflate income or don't put the proper procedures in place could face exposure and action from the FSA. It's fraud at the end of the day." 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, the FSA said there were still "too many cases" where firms did not follow the required procedures. Since October companies have been required to supply customers with an initial disclosure document, which details the services it provides, and a key facts illustration giving personalised information about costs and risks of products. The documents are part of the regulator's drive to improve customer understanding of mortgages. The investigation underscores a warning delivered by the FSA in May, when it told chief executives of mortgage lenders to improve the information they gave consumers about home loans. A further review of small firms in the sub-prime market is planned for next year. The FSA is also conducting a 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
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