mis sold sub prime mortgage

Mrs_Z

I think first of all, you need to clarify what is meant by 'mis-selling'. The FSA web-site states as follows:

....'In the context of mis-selling, five are particularly relevant
No 1: A firm must conduct its business with integrity.
No 2: A firm must conduct its business with due skill, care and diligence.
No 6: A firm must pay due regard to the interests of its customers and treat them fairly.
No 7: A firm must pay due regard to the information needs of its customers, and communicate information to them in a way which is clear, fair and not misleading.
No 9: A firm must take reasonable care to ensure the suitability of its advice and discretionary decisions for any customer who is entitled to rely upon its judgement....'

From what you have described, there is nothing to suggest that any of the above applies.