Liquidity or bust?


If you've got nothing nice to say, say nothing at all. This seems to be the prevalent attitude among mortgage lenders and banks in response to the three-month consultation by the UK chancellor of the exchequer on regulatory reform following the collapse of UK mortgage lender Northern Rock. Numerous requests by Mortgage Risk for comment on proposals for improvements to the deposit guarantee system, changes to the tripartite approach to regulation, and even possible checks on banks' liquidity have

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