Mortgage News

Asteron pulls the plug

Wednesday 1st of October 2008
Antony Vriens, Asteron's general manager said: “Asteron's home loans were provided by GE Money, who recently made the decision to temporarily withdraw fixed rates due to the uncertainty in the US market – in short, this made it difficult to accurately price fixed rates.”

The company is to focus on its core areas of risk and investments.

Vriens said: "We are closing a small niche busi...

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