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.