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Converted Lurker

Sub Prime Lender Blanks Ftbs With Very Light Adverse Credit History

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This is big news for me, but also it's the first evidence I can find of any lender going on record stating that the shutters are being pulled down on anything but near perfect lending. I expect one or two of the 'Ocean Finances' of this world to simply go very soon but this is a bit of a surprise, although to be fair DB are not that aggressive and relative newcomers (under that brand). <_<

http://firstrung.co.uk/articles.asp?pageid...&cat=44-0-0

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