Tag Archive | “Britain’s residential mortgage market”

Home Mortgage Losses on The Rise

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The Britain’s residential mortgage market is going into loss and pushing non-conforming mortgage-backed securities downwards.

mortage rate fall

Non-conforming mortgages

Non-conforming mortgages are higher-risk mortgages, encircling sub prime borrowers who have poor credit histories and others who do not fit prime lending criteria for various reasons.

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September 2011
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