...UK Current-Account Gap Reaches Record, Becomes G-7's BiggestBloomberg -23 minutes agoFormer Bank of England policy maker Richard Lambert said the panic at the mortgage lender made Britain resemble a ``banana republic. The mortgage loan itself is made by a bank, a savings and loan association, a mortgage company, a credit union, or any other lender. For it to become an FHA mortgage loan, the lender would have to be approved by the Federal Housing Administration.
