Saturday, Mar 22, 2008
Reckless borrower may pay for reckless lending afterall.
The Times: Homeowners to pick up £1.3bn bank bill of ‘reckless’ mortgage lenders
This is a bit of circular argument by the Sunday Times.
Shock homeowners to pay £1.3bn for reckless lending.
Think not - just credit risk pricing returning to normal.
Posted by mike livingstone @ 11:20 PM (171 views) Add Comment
1 Comment
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1. Fed Up said...
Once again mortgagees are described as 'homeowners' not as debtors, which is what they really are.