Metrics Monthly, August 2020
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As local lockdowns put socialising in some parts of the UK back on hold, the finance industry world is still revolving, and this month’s newsletter looks at recent awards, new forbearance guidance and the collapse of rent-to-own retailer BrightHouse.
Our feature piece this month follows on from our May article about how mortgage lenders have been recognised extensively for the fantastic work they are doing to process millions of payment holiday requests. As the 6 month Mortgage Holiday scheme draws to a close, we ask “what’s next for the mortgage industry?” and look at the recent FCA guidance which aims to ensure firms provide tailored support to mortgage borrowers who continue to face financial difficulties.
We also look at how Fintech organisations are being supported by Tech Nation's Fintech Pledge, and considering how an ongoing tidal wave of compensation claims should act as a wake-up call to the regulator.
Read all of this, and more, in our September issue of Metrics Monthly.