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New fears over quality of Northern Rock mortgages

 
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Carmel
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Joined: 01 Jan 1970
Posts: 16805
PostPosted: Wed Aug 27, 2008 8:04 am    Post subject: New fears over quality of Northern Rock mortgages Reply with quote
New evidence that Northern Rock owns a poorer quality mortgage book than its peers has emerged just days after previously unseen documents revealed the Government was warned that the taxpayer could lose up to £1.28bn by nationalising the stricken bank.

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