I very much doubt whether the banks will be overly exposed if the housing market takes a dive. A lot of banks require the lender to take out mortgage insurance.
So if the market goes down, it will be the insurers that will be hit.
- Forums
- General
- Property - Bust Must Be Close
I very much doubt whether the banks will be overly exposed if...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online