TITLE

BSA slams PPI investigation as a threat to owners

AUTHOR(S)
Atkinson, Rebecca; Botbol, Nicolette
PUB. DATE
November 2006
SOURCE
Mortgage Strategy;11/27/2006, p29
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the criticism made by Building Societies Association (BSA) over the investigation of the Office of Fair Trading about the payment protection insurance (PPI) as a potential threat to homeowners in Great Britain. The letter of the BSA expresses concern that mortgage PPI will be damaged by the negative publicity that is received by general PPI products. This will tend the association of mortgages to work on the response to the proposals before the consultation period closes.
ACCESSION #
23272564

 

Related Articles

  • OFT sees conflict in cash for referrals from estate agents. Thomas, Paul // Money Marketing;2/25/2010, p22 

    The article reports on the move of the Office of Fair Trading in suggesting the Government to consider a ban on referral fees between mortgage brokers and estate agents, to tackle against conflicts of interest in Great Britain.

  • Futures rules approved.  // Accountancy;Feb1988, Vol. 101 Issue 1134, p35 

    This article reports on the approval of the rulebook of the Association of Futures Brokers and Dealers by the Office of Fair Trading (OFT) in Great Britain as of February 1988. However, the OFT will be monitoring the Association's rules on membership fees and capital adequacy requirements for...

  • Homes risk of MPPI probe. Atkinson, Rebecca // Mortgage Strategy;11/13/2006, p24 

    The article focuses on the risks if the mortgage payment protection insurance (MPPI) is referred by the Office of Fair Trading (OFT) to the Competition Commission in Great Britain. It claims that homeowners are in danger of losing their homes once the OFT pushes through with the action. This...

  • OFT attacks bank contracts.  // Credit Management;Apr2000, p9 

    Reports on the British Office of Fair Trading's introduction of its guidelines which outlaw contracts that enable banks and building societies to manipulate interest rates for captive savers and borrowers. Provisions of the proposed rules.

  • Restrictive practices - Law Society proposals.  // Accountancy;Jun2002, Vol. 129 Issue 1306, p87 

    The Law Society council has voted to open immediate talks with the government on legislation necessary to provide a framework for the Society's proposals to allow solicitors employed by banks, building societies and supermarkets to sell legal services directly to the public, as of June 2002....

  • It's time for higher rent-back standards. Baeumont, Peter // Mortgage Strategy;6/8/2009, p13 

    The article analyses the condition of the sale-and-rent-back market in Great Britain. According to the Office of Fair Trading, the big number of the households who undertaken the sale-and-rent-back signifies the size of the market, as well as the desperation of the homeowners in taking any...

  • OFT investigates 'quick house sale' firms. Macdonald, Sam // Money Marketing (Online Edition);4/18/2013, p17 

    The article reports that the Office of Fair Trading (OFT) are investigating the causes of quick house sale market in Great Britain. It mentions that the homeowners are selling their houses at the price less than the market value. It mentions that homeowners may suffer heavy loss as a part of...

  • Drop in building society loans.  // Accountancy;Sep80, Vol. 91 Issue 1045, p24 

    This article reports on the decline in the amount of loans made to building societies in Great Britain in 1979. According to the annual report of the Building Societies Association, the societies made net advances of £4,914m in 1979 compared with £5,115m in 1978. The societies' share of...

  • IN BRIEF: Super-complaint by CAB against rogue loan firms.  // Fund Strategy (Online Edition);3/7/2011, p8 

    The article reports on the complaint filed by the Citizens Advice Bureau (CAB) with the Office of Fair Trading (OFT) which calls for an investigation against rogue loan firms in Great Britain.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics