Spain’s banks put a halt to foreclosures

Macrobits by Marshall Auerback » Spain 2013-07-21

Summary:

To the extent that it is impossible to get blood out of a stone, Spain’s banks have accepted reality by agreeing to suspend house foreclosures for two years.  True, it is a recognition born of tragedy, not a Damascene conversion … Continue reading

Link:

http://macrobits.pinetreecapital.com/spains-banks-put-a-halt-to-foreclosures/?utm_source=rss&utm_medium=rss&utm_campaign=spains-banks-put-a-halt-to-foreclosures

From feeds:

euro-exit » Macrobits by Marshall Auerback » Spain

Tags:

government europe housing finance spain austerity foreclosures euro banking

Authors:

Marshall Auerback

Date tagged:

07/21/2013, 09:27

Date published:

11/14/2012, 04:30