Negative reaction to a positive move

Cicutti, Nic
July 2009
Money Marketing;7/16/2009, p33
In this article the author discusses the efforts of the Nationwide Building Society and its efforts to mitigate the impact of the global financial crisis in Great Britain. The author cites that the Nationwide has offered a 125% of mortgage to its borrowers in the country and elucidates how the Nationwide maintained its stability amidst the crisis. The author also notes on the Nationwide's implementation of two-tier mortgage system.


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