Archive

  • Rothesay Life buys £860m in equity release mortgages

    28 September 2018

    Assets from collapsed Northern Rock and Bradford & Bingley will sell for net loss with sale price heavily discounted over NNEG

  • Pimco to buy £5bn of collapsed bank mortgages

    26 April 2018

    Pimco, the largest bond fund manager in the world, is to buy £5bn ($5.7bn) of mortgages from collapsed British banks, Northern Rock and Bradford & Bingley, according to Sky News.