Government to sell former Northern Rock mortgages - MSE News

edited 30 November -1 at 1:00AM in Mortgages & Endowments
1 reply 950 views
Former_MSE_NaomiFormer_MSE_Naomi Former MSE
519 Posts
Second Anniversary First Post I've been Money Tipped! Newshound!
MSE Staff
edited 30 November -1 at 1:00AM in Mortgages & Endowments
The Government has announced it is selling off 66,000 mortgages and unsecured loans originally held by NRAM, formerly part of failed lender Northern Rock...
Read the full story:
'Government to sell former Northern Rock mortgages'
OfficialStamp.gif
Click reply below to discuss. If you haven’t already, join the forum to reply.

Replies

  • ThrugelmirThrugelmir Forumite
    84.1K Posts
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ✭✭✭✭✭✭
    Winding up the legacy mortgage books continues. The sale will also reduce the public debt. As was the taxpayer that indirectly funded the bail outs of B&B and NR.
    It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
This discussion has been closed.
Latest News and Guides