April 2009
Mortgage Strategy;4/20/2009, p14
Trade Publication
The article offers information on companies and institutions considered as heroes and villains in the mortgage industry in London, England. Nationwide is dubbed as hero due to the implementation of its HomeBuy Direct scheme that assists first-time buyers to buy new-build houses. Northern Rock is considered as villain because it re-underwrites loans where borrowers made overpayments in a move to draw funds back.


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