Holistic approach needed for debtors

February 2009
Mortgage Strategy;2/23/2009, p14
Trade Publication
The article focuses on the need of holistic approach to be taken by mortgage lenders to avoid mortgage default. The objective of lenders should be to prevent repossession as repossessions and mortgage arrears are reported to touch a record level in 2009. The mortgage lenders should not be under any apparition about the pressure faced by their customers from unsecured creditors especially debt collection agencies.


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