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Lenders may seek aid for Covid-19 losses

Banks and other mortgage providers will seek to recover their Covid-19 losses

Although the UK government’s primary focus must be to maintain and kick-start our ravaged economy, a colossal challenge involving mortgage providers and other lenders looms around the corner. Banks, building societies, and other lenders have loaned out lots of money, and securitised properties, machinery and other assets. Additionally, they have financed the housing market by…

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