Gov't Offloads Crisis-Era Bad Bank Mortgages Worth £860M

By Catherine Lafferty (September 27, 2018, 4:55 PM BST) -- A British insurer has acquired the mortgage portfolios of two collapsed lenders from a "bad bank" repository set up by the government to handle the assets of institutions that it bailed out during the financial crisis, the U.K. Treasury announced Thursday....

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