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MMR could stifle remortgage market, says Moodyâ??s
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Mortgage Strategy
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November 05, 2009
If adopted, the Financial Service Authorityâ??s proposals in the Mortgage Market Review could mean borrowers are unable to remortgage due to the more stringent affordability and income verification tests proposed, says Moodyâ??s. If introduced it expects to see higher defaults and possible losses in...
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