Mortgage lending will take two years to recover

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Mortgage lending will take two years to recover

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07-29-2008, 04:03 PM

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Mortgage lending will take two years to recover

A government initiated report into the UK mortgage market has been published today.The work has been prepared by Sir James Crosby, a former chairman of Halifax, who is heading a review into improving wholesale mortgage funding.Final recommendations will be published in the autumn but in the meantime the report predicts that current funding difficulties will [...]

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