FSA reports rise in repossessions and arrears

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FSA reports rise in repossessions and arrears

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01-23-2009, 12:42 AM

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FSA reports rise in repossessions and arrears

The Financial Services Authority (FSA) has reported that the number of home repossessions in the UK rose to 13,161 in the third quarter of 2008. The figure had increased from 11,054 during the second quarter of last year and was up 92% on the same period of 2007. In addition, the regulator found that the number of [...]

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