FOXBusiness.com: British Regulator Urges Banks to Contact Interest Only Borrowers

FOXBusiness.com FOX Business Network - The Power to Prosper

British Regulator Urges Banks to Contact Interest Only Borrowers May 1st 2013, 23:15 The U.K.'s financial conduct regulator Thursday said banks should write to customers with residential interest-only mortgages to ensure they have repayment plans in place ahead of a spike in mortgage maturities expected later this decade.

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