The head of the PRA said it was ‘entirely unsurprising’ competition had forced lenders to take on riskier clients. Photograph: Yui Mok/PA The Bank of England has raised a red flag over the state of the mortgage market, warning lenders that stricter rules could be imposed if they take on too muchRead More →

Miami:  A decade ago, as the financial crisis raged in the United States, Jesus Rodriguez told his kids a fib: he was selling the family furniture because they were moving to Disney World. The truth was Rodriguez was desperate for money, having lost his home as did hundreds of thousandsRead More →