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Old 08-21-2009, 01:53 PM
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Post Lenders optimistic on arrears and repossessions

In its latest commentary on the UK housing market, the Council of Mortgage Lenders (CML) describes the recovery seen in recent weeks as “fragile” and warns of a “modest dip” towards the end of the year, reflecting seasonal factors.More positively, second quarter data for arrears and repossessions suggest that fewer borrowers are struggling financially than [...]

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