Rod Kent, chairman of buy-to-let specialist Bardford & Bingley, is poised to stand down after a turbulent week for the firm which reported a first half loss in profits.
New chief executive Richard Pym is undertaking a review of the business.
The Observer also reports that the firm is collecting rents directly from tenants of properties on which it has lent buy-to-let mortgages as a way of keeping its arrears and possessions under control.
The Mail on Sunday p58 31/08/08 The Observer Business, p1
