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Old 09-18-2007, 03:00 PM
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Post Victoria Mortgages placed in administration

Victoria Mortgages, which describes itself as a specialist in the non-conforming mortgage, has been placed in administration. The company, which provided loans for those with poor credit histories, is the first UK mortgage provider to collapse as a result of the US sub-prime crisis. It is owned by Venturian Capital, a US-based venture capital firm; UBS, the [...]

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