Councils face 'huge risk' as warnings over LOBO loans grow

摘要

The Communities and Local Government Committee could look beyond controversial Lender Option Borrower Option (LOBO) loans in a future wider inquiry, its chairman Clive Betts has told The MJ. Researchers from Channel 4 documentary strand Dispatches gave evidence to a hearing of the committee on Monday after they probed the issue in a TV programme earlier this month.