Friday, Aug 10, 2007
UK Sub-prime lending is a larger problem than previously thought! You don't say!
Timesonline: Original News Article
'...nearly 40 per cent of mortgages in arrears now lead to repossessions, up from 12 per cent just three years ago. The figure is far higher than anything seen in the 1980s or 90s and suggests that sub-prime lending is a larger phenomenon than previously thought.'
Posted by ben2013 @ 10:45 PM (152 views) Add Comment
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