The Impact of the Financial Crisis on UK Mortgage Funding

Thomas, Rob
June 2010
Housing Finance International;Jun2010, Vol. 24 Issue 4, p44
Academic Journal
The article examines the impact of economic crisis on mortgage funding in Great Britain. The key feature of the mortgage market in the country is the growth in wholesale funding from 1980 to 2007. The structural vulnerabilities associated with the shift to wholesale funding include periodic system and cross-border losses of investor confidence and the impact of crises on leverage investors. Some measures implemented by central banks and governments to address the financial crisis are provided.


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