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Government to sell former Northern Rock mortgages - MSE News

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Former_MSE_Naomi
Former_MSE_Naomi Posts: 519 Forumite
Second Anniversary First Post I've been Money Tipped! Newshound!
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...
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'Government to sell former Northern Rock mortgages'
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  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    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.
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