GMAC-RFC defends quality of loans after Bradford & Bingley forced to ... - International Herald Tribune
Story date: 2008-06-03 08:32:00
Added on: 2008-06-04 22:38:04
LONDON : GMAC-RFC Ltd. defended the quality of its loans on Tuesday after Bradford & Bingley PLC revealed rising mortgage defaults and declining earnings — in part due to higher arrears from loans it bought from the British subsidiary of U.S.-based ...
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