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Mortgage arrears capitalised at “increasingly rapid rate”

by Gill Montia.

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A new report from the Financial Services Authority (FSA) highlights some of the current and emerging risks in the UK mortgage market.
The regulator has published its first Retail Conduct Risk Outlook (RCRO), which seeks to identify potential risks for customers across a range of financial services sectors.
On mortgages, the RCRO notes that in terms of [...]

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