MORTGAGE INTERMEDIARIES

Mortgage Intermediaries have been under statutory regulation since November 2004, and previously were self policed by the industry sponsored Mortgage Code Compliance Board (MCCB).

The Financial Services Authority (FSA) intends to see every Mortgage Intermediary to assess compliance with mortgage regulation, suggesting ways compliance could be improved and asking for remedial action to take place if non compliance is found.

The Telos Compliance service can assist at every stage of getting prepared for the meeting and the fallout (if any) afterwards.