MMR FSA Feedback

Mortgage Market Review feedback statement summarising the responses received following its Mortgage Market Review discussion paper, which was published on 19 October 2009. The FSA received a wide range of constructive and positive responses from firms, consumers and their representative bodies, and other stakeholders and is continuing ongoing detailed discussions with a number of these stakeholders. The feedback statement provides the opportunity to report on the feedback received so far; to clarify specific aspects of the FSA’s proposals; and to outline next steps. The Mortgage Market Review Discussion Paper set out proposals for major reform of the mortgage market and actively invited debate on a number of key mortgage issues. The FSA moved quickly to consult on two of the issues it raised and in January 2010, published a consultation paper on the strengthening of its arrears rules and the extension of our approved person regime.

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