Sub-prime mortgages make up just 8% of the mortgage market in Britain, but Panorama’s survey revealed that banks and building societies offering sub-prime lending are involved in 70% of the re-possessions. And the regulators? Missing in action, apparently. But hey, that’s a good thing, right?
Tuesday, June 3, 2008
Panorama: Sub-Prime Suspect (Part 2)
Posted by Red Tory at 12:00 AM
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