TITLE

Brokers learn to expect the unexpected

AUTHOR(S)
Hollingworth, David
PUB. DATE
May 2008
SOURCE
Mortgage Strategy;5/5/2008, p28
SOURCE TYPE
Trade Publication
DOC. TYPE
Editorial
ABSTRACT
The author comments on the activities in the mortgage market and the emergence of standard variable rate (SVR) in the financial services industry in Great Britain. He mentions the lender's SVR mortgage which is being closed to brokers and the withdrawal of some deals for introduced business by finance companies. He contends that the decision of Nationwide Mortgage Group Inc. to withdraw its products shows that the mortgage market is far from being on the road to recovery.
ACCESSION #
31986718

 

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