I saw Sir Stuart Rose, executive chairman of Marks & Spencer, giving an interview about the economy on television last week. Similar to the mortgage market his business has seen a gradual improvement in 2009 as consumer confidence has risen. But lurking in the not-too distant future are ...

The news last week that the FSA has blocked a number of new lenders entering the market sounds counter-intuitive. When the market is crying out for additional liquidity and competition, why would the FSA take such a stance? Having just gone through the FSA application process successfully, ...

Exact has confirmed that its application to be regulated by the FSA has been approved. The mortgage servicing company which was set up specifically to meet the demands of mortgage asset owners in this new and intensive regulatory regime is thought to be the first to gain administration ...

Is it just me or does anyone else think that our postmen and women have gone bonkers? Although some will argue that the economy has turned a corner the underlying facts paint a different picture. Posties are probably going to go on strike even though they have an inflation busting pay-deal ...

The recent Mortgage Market Review singles out non-banks or high-risk lenders, as they are referred to, as the source of the expansion of loans with multiple high-risk characteristics. Exact has analysed and re-underwritten over £4bn of non-conforming loans over the last 18 months and I agree ...