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Work to be done on mortgage arrears management

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Work to be done on mortgage arrears management

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The FCA has challenged firms to do more to deliver consistently good outcomes for borrowers.

The FCA has reiterated the importance of firms making decisions on a clients specific circumstances

The FCA’s review is published in the context of an extended period of historically low interest rates.

The FCA has asked lenders to take action to identify customers susceptible to arrears and have strategies for them

Read the full story here via the financial reporter

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