TITLE

The shape of lending to come

AUTHOR(S)
Johnson, Neil
PUB. DATE
May 2009
SOURCE
Lending Strategy;May2009, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Opinion
ABSTRACT
The article explores the author's views on changing customers' need in the mortgage market. He cites a research conducted by the Building Societies Association which revealed that due to fast changing customers' needs, lenders must develop products that will meet a new-look market. The author highlights the increasing number of individuals who prefer living alone which can be addressed by offering products that are within the limit of a single salary. He adds that self-employment is another trend that poses challenge to create mortgage models.
ACCESSION #
44050253

 

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