FSA Mortgage Regulations

Will one of your most critical operations be able to cope with the change as well as you think?

  • Mark Williams
  • General
With the Financial Services Authority (FSA) implementing strict mortgage regulations at the end of October this year, it has become paramount that organisations such as yours take the appropriate measures to comply with them.

You may already have FSA mortgage regulation measures in place or you may be working towards their implementation, but can you be sure, when the deadline arrives, that one of your most critical operations - your document production process - can cope with the inflated workload it will be subjected to?

The one FSA mortgage regulation that will put considerable strain on this process is the need to provide a “durable” (printed or emailed) personalised Key Facts Illustration (KFI) for telephone based mortgage enquiries, offer stage proposals, product switches and party additions or removals.

Not only will the number of documents that need to be processed increase, but also the resultant postage costs for mailing them and the requirement to email certain ones from a system that may not be geared up for it.

With a proven track record throughout the world and clients within the financial sector that include Northern Rock, London Scottish Bank, First Direct and The Bank of England, Integrated Document Solutions (IDS) is ideally placed to solve your FSA mortgage regulation headache before the October deadline and with the minimal amount of disruption to your current operation.

Whether you want to manage your inflated print load more effectively, integrate the latest print technology, reduce your inflated postage costs or email your consumer documents, IDS has the experience and resources to provide you with the right solution for your organisation's individual requirements.
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Funasset Limited is a UK software development company founded in 1986. It specialises in document and mail solutions that are used globally by businesses and organisations including Xerox, Civica, the NHS and local Government. Read more

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