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Northern Rock May Point to U.K. Crunch.
- Source :
-
Wall Street Journal - Eastern Edition . 9/24/2007, Vol. 250 Issue 71, pA2. 0p. 1 Graph. - Publication Year :
- 2007
-
Abstract
- The article reports that the credit troubles faced by British mortgage lender Northern Rock highlights the impact of the global credit crunch on the British housing market. It states that the decision of investors to shy away from mortgage-backed securities has been caused by the credit problems that started with subprime mortgages in the U.S.
- Subjects :
- *CREDIT
*HOUSING market
*INVESTORS
*MORTGAGE-backed securities
*SUBPRIME mortgages
Subjects
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 250
- Issue :
- 71
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 26945249