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Countrywide sued by U.K. banks ‘looking for someone to blame’ on mortgage

Posted on 09 January 2012

U.K. home prices have fallen 9.5 percent since the market slumped in 2007, real-estate broker Savills Plc estimated in November. The biggest loser has been England’s northwest with a 14 percent drop. London prices have shed 2.9 percent.

Barclays spokeswoman Emma Austin declined to comment on its lawsuit. U.K. telephone directories on line didn’t list an address for Sandha since he left Coleorton Hall and the lawsuit didn’t provide details of where he is now. Apollo spokesman Charles Zehren declined to comment………………………………………Full Article: Source


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