UK Mortgages rates and deals

January 16, 2009

BofA moves closer to rescue package

Filed under: Bridging Finance, UK Mortgage Brokers — Cindy Smith @ 4:11 am

The US Senate voted to release the second $350bn in emergency bail-out funds for the banking sector as Bank of America moved closer to securing a new rescue package, including $15bn in fresh capital and a government backstop for up to $200bn in toxic assets

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