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Britain's Subprime Mortgage Lending Industry Revealed - BBC Panorama Online Video Documentary

Housing-Market / Subprime Mortgage Risks Oct 09, 2007 - 12:22 AM GMT

By: Sarah_Jones

Housing-Market Best Financial Markets Analysis ArticleThe BBC's flagship documentary programme, Panorama investigates the blatant abuses and fraud that has taken place in the Britain's own Subprime mortgage market, which is primed for a crash US style. Watch the programme now online.


A quote from the programme - "With mortgages regularly being sold to people on benefits and some home loans being given at up to 16 times the applicant's salary, Panorama finds out if the mis-selling of mortgages to those with bad credit records could cause a financial crisis in Britain similar to that in the US."

Sub-prime Suspect

By Sarah Jones
(c) Marketoracle.co.uk 2005-07. All rights reserved.

The Market Oracle is a FREE Daily Financial Markets Forecasting & Analysis online publication. We present in-depth analysis from over 100 experienced analysts on a range of views of the probable direction of the financial markets. Thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Sarah Jones Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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