... to get the cheaper residential interest rate. The FSA said part of its £129000 was meant to recover illicit profits Nasir made from mortgage fraud. FSA bans and fines mortgage broker £129000CityWire.co.uk, UK -20 minutes ago... The very faceless nature of online mortgages makes them difficult to trust. There is, after all, much sensitive information that you would have to give out when you apply for a mortgage. Such information may include your social security number, your full name, your address, your monthly income, et cetera. Thus, it is therefore advisable that you only conduct these types of online transactions with an established institution.