TITLE

Banks must try harder

PUB. DATE
August 2009
SOURCE
Mortgage Strategy;8/10/2009, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the indications of British mortgage banks slowly recovering from the financial crisis and the need of their efforts to lend some of their money to homeowners in 2009. Lloyds Banking Group PLC revealed increased profits and the number of repossessions of Northern Rock PLC decreased. The National Housing Federation anticipated that clients, who bought at the peak of the market, are faced with negative equity for five years.
ACCESSION #
43927567

 

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