Sunday, 2 June 2013

Wave goodbye to the CML Handbook

Wave Lending Limited, a subsidiary of Bank of America Corporation, has taken down their Part 2 requirements from the CML Handbook

The home page for Wave Lending now states: ‘Wave has ceased all mortgage origination activity. All borrower enquiries should continue to be made to our customer services department, the contact details can be found in the contact us section’.

Wave Lending Ltd is authorised and regulated by Financial Services Authority, although not all forms of mortgages are regulated by the FSA.

Historic CML Part 2 requirements for Wave can be obtained from LENDERmonitor via their Litigation Service.



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