Bad Credit Mortgage Loan Northern Rock's woes deepened today after an independent financing unit of the stricken mortgage lender asked for ... (eFinancial News) by Mortgage

Wed, 09 Apr 2008 19:00:16 -0600

Bad Credit Mortgage Loan Northern Rock's woes deepened today after an independent financing unit of the stricken mortgage lender asked for ... (eFinancial News)

by Mortgage @ Wed, 09 Apr 2008 19:00:16 -0600

Northern Rock's woes deepened today after an independent financing unit of the stricken mortgage lender asked for guarantees against trading obligations for the first time, forcing the bank to seek further assurances from the UK Treasury. There are always two sides to every coin. As with all things, online mortgages, for all their many benefits, do have a certain disadvantage. And this certain disadvantage is enough to cause some people from engaging in such. Because part of the transaction is done online, people are hesitant to pursue online mortgages.


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