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Help for 'mortgage prisoners' sought by FCA

The financial regulator says it wants to help borrowers who are unable to switch to a new mortgage deal.

What mortgage bonds have going for them is that they trade often.

Figures suggest half of recipients could refuse to take new loan which is replacing benefit payments.

Non-banks now service about 51 percent of all loans packaged into new Freddie Mac securities, according to mortgage analytics firm Recursion Co.

Tax changes have made it harder for some landlords to make ends meet.

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