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Miami Herald (Free subscription) | 03/12/2008
... does take place, we have been working with the customer for well over six months," said Gary Hoffman, chief executive of Northern Rock.Northern Rock's policy has been to work with each borrower to resolve difficulties. On average, that process takes 15 months, the company said.The government nationalized Northern Rock, an early victim of the credit crisis, in February.The government...
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Seattle Times (Free subscription) | 03/12/2008
"In the vast majority of cases, where repossession regrettably does take place, we have been working with the customer for well over six months," said Gary Hoffman, chief executive of Northern Rock.
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San Fransisco Chronicle (Free subscription) | 03/12/2008
"In the vast majority of cases, where repossession regrettably does take place, we have been working with the customer for well over six months," said Gary Hoffman, chief executive of Northern Rock.
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Seattle Post-Intelligencer (Free subscription) | 03/12/2008
... does take place, we have been working with the customer for well over six months," said Gary Hoffman, chief executive of Northern Rock.Northern Rock's policy has been to work with each borrower to resolve difficulties. On average, that process takes 15 months, the company said.The government nationalized Northern Rock, an early victim of the credit crisis, in February.The government...
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BBC News (Free subscription) | 03/12/2008
"We continue to work with customers facing repayment difficulties to try and agree an acceptable debt management solution and avoid repossession," said Gary Hoffman, the Rock's chief executive.
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The Telegraph (Free subscription) | 27/11/2008
... controls that it conceded had flattered the arrears numbers.Northern Rock's new chief executive Gary Hoffman admitted to the Treasury Select Committee last week "we are above the industry average" on repossessions and predicted that the bank will account for "just over 10pc of total repossessions" this year. He blamed it on Northern Rock's controversial 125pc "Together" mortgage,...
