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Response to Mortgage Payment Protection Insurance

from Eleanor Scott (eleanor.scott@btinternet.com)
Interesting item.

It's a pity the FSA won't consider investigating the apparent mis-selling of MIGs in the late 80s and early 90s. These were meant to offer borrowers 'protection', but we all know how the goalposts got moved so that it was, mysteriously, the *lenders* who ended up with the protection which the borrowers paid for.

(posted 8498 days ago)

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