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Detail holds up mortgage rescue plans

Language: English Series: Times ; 15 February 1992, 21(1)Publication details: 1992Subject(s): Summary: Considers the reluctance of insurance companies to participate in mortgage rescue schemes as many of the mortgage indemnity policies taken out by mortgage lenders did not forsee such a rapid rise in repossessions. Graphical representation of mortgage arrears and repossessions between 1989 and 1991.

Considers the reluctance of insurance companies to participate in mortgage rescue schemes as many of the mortgage indemnity policies taken out by mortgage lenders did not forsee such a rapid rise in repossessions. Graphical representation of mortgage arrears and repossessions between 1989 and 1991.