The FSA has been urged by the Council of the Residential Property Surveyors Association (RPSA) to investigate lenders for failing to advise borrowers they must obtain their own housing survey.
A chartered surveyor and property investor have been jailed for a total of 20 years after admitting their role in a £50m commercial mortgage fraud.
Scottish millionaire boxing promoter Barry Hughes has appeared in court accused with his wife of committing a £1.5m mortgage fraud.
Annual house prices fell 4.2% in May, as almost static monthly growth saw prices rise just 0.1%, according to Halifax.
House prices across the UK fell 1.4% in April as the "modest decline" continues, according to Halifax.
LSL Property Services has awarded nine of its senior directors shares potentially worth more than £1.6m if they meet ambitious growth targets in the next three years.
Nationalised lender Northern Rock plc has revealed it is to cut up to 680 jobs by the end of 2011 in an attempt to rein in its costs in "very challenging" trading conditions.
AMI has declared George Osborne's Budget 2011 a "missed opportunity" to encourage greater mortgage lending and address the Stamp Duty system.
Stamp duty land tax rules for bulk buyers of residential property are to be reformed, George Osborne has revealed in the Budget 2011.
Proposals in the Mortgage Market Review (MMR) could have prevented more than 17,000 people from having their homes repossessed due to irresponsible lending, housing charity Shelter claims.