Reuters – Britain’s financial regulator plans to force mortgage lenders to check the income of all borrowers, scrapping so-called “liar loans” blamed for helping to fuel bad debt problems at the heart of the credit crunch. Here is the original post: (Reuters)”> (Reuters)”> UK to tighten mortgage rules, ban “liar loans” (Reuters)
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UK to tighten mortgage rules, ban "liar loans" (Reuters)