http://www.financemarkets.co.uk/2010/07/15/self-cert-interest-only-and-high-ltv-mortgages-defended/ Finance News | UK Personal Financial News & Daily Finance Market News Mon, 14 May 2012 17:44:18 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://www.financemarkets.co.uk/2010/07/15/self-cert-interest-only-and-high-ltv-mortgages-defended/comment-page-1/#comment-26046 Heather Wed, 06 Oct 2010 08:34:06 +0000 http://www.financemarkets.co.uk/?p=20426#comment-26046 In Spain banks worked off affordibilty ratios which has not stopped defaults growing. GMAC who were provding self cert exited market pretty quickly when the crisis hit but their self cert book is no worse than the books of banks in Spain who checked incomes. In Spain banks worked off affordibilty ratios which has not stopped defaults growing. GMAC who were provding self cert exited market pretty quickly when the crisis hit but their self cert book is no worse than the books of banks in Spain who checked incomes.

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