TITLE

Nationwide moves to allow higher borrowing

AUTHOR(S)
Atkinson, Rebecca
PUB. DATE
April 2006
SOURCE
Mortgage Strategy;4/3/2006, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Great Britain-based Nationwide Mortgage Group Inc. has raised its affordability calculations, increasing the amount new applications can borrow. The decision to change the way affordability is assessed was sparked by feedback from brokers who called on the society to update its calculation to take account of customers who could afford to borrow more.
ACCESSION #
20449674

 

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