TITLE

Results show lenders' focus on asset quality

PUB. DATE
August 2007
SOURCE
Mortgage Strategy;8/13/2007, p31
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article analyzes the financial results of major banks in Great Britain for the first six months of 2007. In all the results, the common theme points to the focus on the quality of mortgage assets. Banks also mention about the low levels of arrears and average loan-to-value ratios. Their common strategy is to tighten lending criteria with lower volumes of unsecured loans.
ACCESSION #
26272665

 

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