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Uk Banks Defiant On Mortgage Fees

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Some of the UK’s biggest banks are pushing ahead with higher mortgage exit fees in spite of a crackdown by the City regulator.

Barclays and Alliance & Leicester are among the banks that will continue to charge borrowers as much as £295 for repaying their mortgage early.

they dont seem to listen do they!

btw this is how cdo's are expanding into other markets.

Taiwan Life booked a NT$428 million ($13 million) loss in the first half on its investment in the Bear Stearns High Grade Credit Strategies fund. Taiwan Life wrote off its entire investment in the fund to fully reflect the fund's value, the insurer said
Edited by crash2006

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