TITLE

Warning signs

AUTHOR(S)
South, Andrew
PUB. DATE
February 2007
SOURCE
Mortgage Strategy;2/12/2007, p62
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article looks into the similarities about the development of sub-prime mortgage markets between the U.S. and Great Britain. It examines the outlook for Britain's sub-prime loan performance and its implications for lenders. It reveals that Britain's loan performance has been deteriorating. The author states that funding resilience and an innovation should counter the underlying risks. He adds that Britain's development in the loan market have often followed the footsteps of its counterpart.
ACCESSION #
24144703

 

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