Online protest at dual-pricing

Jones, Lee
July 2009
Money Marketing;7/30/2009, p3
The article offers information on the online dual pricing petition, which is facilitated by Richard Betts, director of Ronnie B Mortgages. The petitioners want the British government to interfere with the pricing intermediaries in the mortgages market that is controlled mainly by different banks. Scott Moorhouse, managing director of Independent Mortgage Bureau, mentions that this could be an avenue for the mortgage marketers to congregate and seek support from one another.


Related Articles

  • Consumer Mortgage Bill Would Curb `Predatory' Lending.  // Broker Magazine;Jun/Jul2000, Vol. 2 Issue 3, p10 

    Reports that United States Representative Bob Ney's introduction of a bill that would tighten the high-cost mortgage law, the Home Owners Equity Protection Act, in an effort to curb predatory lending practices. Key provisions of the bill; Aim of the National Association of Mortgage Brokers in...

  • AMI stays away from online petition against dual pricing. Martin, Natalie // Mortgage Strategy;8/3/2009, p6 

    The article reports on the avoidance of the Association of Mortgage Intermediaries from an online petition on the Downing Street web site against dual pricing in Great Britain. It states that the petition, which is supported by the Legal & General Mortgage Club, has gathered more than 1,000...

  • Bankers seek clarification of HMDA rules. Seiberg, Jaret // American Banker;8/10/1995, Vol. 160 Issue 153, p9 

    Reports on a call by bank industry representatives in the United States for the Federal Reserve Board to provide more guidance on Home Mortgage Disclosure Act (HMDA) compliance. Unanswered questions about a staff commentary proposed by the agency; Requirement for financial institutions to...

  • Preparing for the Next Wave of Fair Lending Enforcement and Litigation. Sandler, Andrew L.; Raman, Anand S. // Community Banker;Apr2004, Vol. 13 Issue 4, p66 

    Discusses changes made to the U.S. Home Mortgage Disclosure Act and the enforcement and litigation risks associated with the availability of pricing data. History of the act; Requirements of the new regulations from lenders; Steps that lenders should consider to mitigate pricing risks.

  • STUDIES RELEASED ON NONPRIME MORTGAGE PRICING FACTORS. Wisniowski, Charles // Mortgage Banking;Sep2005, Vol. 65 Issue 12, p11 

    Cites a study regarding the nonprime mortgage pricing factors in the U.S. Correlation of higher credit ratings and a borrower's willingness to accept a pre-payment clause translated into lower interest rates; Figures representing the percentage rate of loans with pre-payment fee; Examination of...

  • D.C. to Take Stand on U.S. Predator Law. Heller, Michele // American Banker;5/5/2003, Vol. 168 Issue 85, p3 

    Reports on the decision of the District of Columbia Council in South Carolina to vote on a resolution opposing federal preemption of state and local laws aimed at abusive home loan lending. Provisions of the resolution; Sponsor of the resolution.

  • PMSR included in budget package.  // Mortgage Banking;Jul93, Vol. 53 Issue 10, p11 

    Reports on the House of Representatives' decline to exempt purchased mortgage servicing rights (PMSR) from higher taxes on intangible assets. Part of a comprehensive tax and budget package; Increase of taxes on PMSR by including the assets in a 14-year amortization schedule for all types of...

  • More up-front cash may be needed.  // Mortgage Banking;Jul93, Vol. 53 Issue 10, p11 

    Reports on the implications of the proposed House Resolution 27 on mortgage lenders. Additional up-front cash for consumers in buying a home; Provisions of the bill.

  • IRS unlikely to tax OMSRs.  // Mortgage Banking;Nov93, Vol. 54 Issue 2, p11 

    Reports that the Internal Revenue Service (IRS) is not likely to tax originated mortgage servicing rights (OMSRs) as a result of a possible new accounting standard. Bruce Schnelwar, executive vice president of Margaretten & Company, Perth Amboy, New Jersey; Financial Accounting Standards Board...


Read the Article


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

Try another library?
Sign out of this library

Other Topics