Exclusive rights

Bolton, Michael
July 2009
Money Marketing;7/16/2009, p31
In this article the author discusses the exclusive rights issue of the mortgage finance industry in Great Britain. The author cites the overpromotion of homeownership in the country and elucidates the accessibility of low-income earners to subprime financing. The author looks at the intervention of British politicians in order to alleviate the industry's dilemma. Moreover, the author notes the strategy of the mortgage finance in maintaining their stability.


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