Risky UK Mortgage Bonds Face Cash Flow Pressure as Arrears Soar

(Bloomberg) — There is “significant uncertainty” about the ability of weaker UK home owners whose debt was bundled into residential mortgage-backed securities to repay the principle when the loans mature, according to Fitch Ratings.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Don’t Shrink the BusCan States Hit the Brakes on Runaway Roadbuilding?Sh

​  (Bloomberg) — There is “significant uncertainty” about the ability of weaker UK home owners whose debt was bundled into residential mortgage-backed securities to repay the principle when the loans mature, according to Fitch Ratings.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Don’t Shrink the BusCan States Hit the Brakes on Runaway Roadbuilding?Sh  

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(Bloomberg) — There is “significant uncertainty” about the ability of weaker UK home owners whose debt was bundled into residential mortgage-backed securities to repay the principle when the loans mature, according to Fitch Ratings.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Don’t Shrink the BusCan States Hit the Brakes on Runaway Roadbuilding?Sh