A June mortgage rate cut is expected, so why are many people's repayments going up? – The Irish Times
Thousands of homeowners are seeing low fixed rates expire, and mortgage arrears could begin to spike
Source: irishtimes.com
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UK FCA finalises changes to create stronger framework to support borrowers in financial difficulty | Hogan Lovells
The FCA has published its final rules and guidance aimed at strengthening protections for borrowers in financial difficulty, incorporating aspects of the Tailored Support Guidance (TSG)...
Source: jdsupra.com
Vulture funds accused of playing the Grinch after interest rate rise days before Christmas
Thousands of homeowners whose mortgages were bought by vulture funds have been hit by new interest rate rises in the run-up to Christmas.
Source: independent.ie
UK FCA consults on changes to create stronger framework to support borrowers in financial difficulty | Hogan Lovells
As previously referred to by the FCA (for example in its 2023/24 Business Plan) and following its Borrowers in Financial Difficulty (BiFD) project findings, it has launched a...
Source: jdsupra.com
Central Bank says firms must 'set the right standards'
The stockbroker Davy need only look in the mirror when it asks itself how things went so catastrophically wrong, the Director General of Financial Conduct at the Central Bank has said.
Source: rte.ie