New Real Estate Mortgages Update

Random Feed wrote an interesting post today on
Here’s a quick excerpt
The government has said on a number of occasions that it wants the banks to resume lending money to home-buyers and small businesses at the same levels as before the start of the credit crunch. There’s only one problem: doing so would be a sure-fire way to bankrupt the banks. And either the government doesn’t know it (in which case it’s stupid), or it does know it (in which case it’s lying to the public). If you want to understand why bank lending can never be the same, look no further than Ro

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This entry was posted on Friday, February 27th, 2009 at 7:33 am and is filed under Real Estate Mortgages.You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.