British Steel is seeking a £100 million Government loan after failure to pass a Brexit deal left it out of an EU-wide carbon trading scheme, according to reports. The company is in talks with.
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Conventional mortgage loans are those for which the lender alone is responsible, without insurance or backing from any external agency. In an FHA-backed loan, for example, if the borrower defaults on the loan, the FHA or VA will reimburse the lender for the bulk of the mortgage amount.
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