Barclays risks loss in sale of sub-prime arm
Story date: 2007-09-22 08:15:00
Added on: 2007-09-22 22:00:19
Daily Telegraph - The FirstPlus portfolio mostly comprises second mortgages – loans secured against the borrower's home, over and above a mortgage. In an environment of falling house prices, these loans effectively become unsecured borrowings – and are one of the ...
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2007-08-22 04:46:00