BUDGET BITES

May 1, 2009
Chancellor pushes ahead with “vital” mortgage tool The government’s mortgage backed securities scheme is a “very welcome step towards restoring mortgage availability,”the HBF has said. “HBF has pressed hard for the implementation of this Crosby recommendation. We’re now just hoping it is enough,”commented John Stewart, HBF’s director of economic affairs. He added that the scheme was likely to be kept …

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