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Trouble In The Adverse Credit Mortgages Market

June 3, 2008 | Author: | Posted in Finances

There are signs in the financial markets that it may soon become more difficult to obtain adverse credit mortgages. For several years now lenders have been issuing adverse credit mortgages to people with low documentation and adverse credit histories almost at will. Many adverse credit mortgages are also issued with high loan-to-value ratios and expensive …

Overview Of Adverse Credit Mortgages

May 31, 2008 | Author: | Posted in Finances

There are a number of reasons why people may be categorised as having adverse credit, including; County Court Judgments, mortgage arrears, loan defaults, or bankruptcy. People who are in such a situation and who wish to buy property will most likely need to apply for adverse credit mortgages. Such borrowers are normally excluded from the …