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FSB principles add weight to contributory negligence arguments against lenders

  • RPC
  • -
  • United Kingdom
  • -
  • April 30 2012

The Financial Stability Board (FSB), the international regulatory task force set up following the recent global financial crisis with the aim of developing and promoting effective regulatory policies in the interest of improved financial security, has just published its Principles for Sound Residential Mortgage Underwriting Practices