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LETTER: Inconsistent regulation is still with us after all these years.(Letter to the Editor)

Mortgage Strategy

| February 13, 2006 | COPYRIGHT 2006 Centaur Communications Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

From Harry Katz

I have never been a devotee of mortgage payment protection insurance and looking at Mortgage Strategy over the past year or so it would appear that in general, regulators look askance at this product.

Indeed, as you report, a survey by Paymentshield finds that the added burden of regulation is leading to a diminution in take-up of this policy.

I find this odd in view of the fact that several years ago, ...

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