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Northern Rock reinstated as a lender

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01-19-2009, 11:47 AM

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Northern Rock reinstated as a lender

The bank bail-out package announced today by the Government could contain good news for Northern Rock borrowers and the UK mortgage market generally because the bank is being reinstated as a lender.Since its nationalisation in February 2008, Northern Rock has focused on paying back its debt to the Government.During last year, it was actually repaying [...]

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