Wall Street crisis could threaten UK mortgage market

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Wall Street crisis could threaten UK mortgage market

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09-15-2008, 03:55 PM

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Wall Street crisis could threaten UK mortgage market

A crisis on Wall Street is likely to put further pressure on the UK’s frozen mortgage market, which had been showing signs of a thaw in recent weeks.Over the weekend talks to rescue investment bank, Lehman Brothers, ended in disarray and the 158-year-old institution is today filing for bankruptcy protection.The bank is a major underwriter [...]

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