Self-cert mortgages could skew market - 2004-02-11
Could you believe that a bank would encourage customers to defraud it? It may seem incredible, but that is what some of Britain's biggest mortgage lenders have in effect been doing.
As a result, a flood of illicitly obtained mortgage money may have been pouring into homeowners' pockets, boosting both house prices and consumer spending.
The Money Programme started investigating mortgages last year.
Read the full story at BBC