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Spain Mortgages

Spain Mortgages

Did you have any experiences taking out a Mortgage or dealing with Real Estate in this country? If so, please share your experiences, especially as it relates to banking / loans.

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Mortgages Spain

For further information on Spain or Spanish Mortgages then visit the Spanish Index

Spain Mortgages History & Civil Business Politics

Spanish Banks Have $41B of 'Unsellable' Real Estate:

Spanish banks, under pressure to cut property-backed debt, hold about 30 billion euros ($41 billion) of real estate that's "unsellable," according to a risk adviser to Banco Santander Specific Action: (SAN) and five other lenders. Ref. Source 2

Mortgages Spain

Spanish homeowners rally together to fight evictions by banks:

The impact of the toxic assets choking Spain's banks is being shown on a personal level as a legal battle begins in the country's courts. Ref. Source 9

Mortgages Spain

Spain moves to curb evictions of most vulnerable:

The Spanish government on Thursday passed a decree suspending evictions of the most vulnerable homeowners unable to pay their mortgage, a bid to ease a trend that has seen hundreds of thousands of people lose their homes because of the brutal economic crisis. Ref. Source 3

Spain Mortgages

Spain Home Expropriation Plans Seen Violating EU Bailout:

Spanish politicians trying to cushion the blows of austerity plan to seize foreclosed homes to house the needy, discouraging foreign investment and threatening to violate terms of the European bailout of the country's banks. Ref. Source 1

Spain Mortgages

Mortgage ruling to hit Spanish banks
Global Real Estate News

BBVA moves to remove floor clauses from thousands of home-loan contracts after Supreme Court ruling on minimum interest rates for borrowers
Source