Stop House Repossession » Spanish

Spanish Mortgages Decline at the Fastest Rate Since the Housing Boom Ended

admin — Sat, 25 Jun 2011 02:11:00 +0000

Spanish Mortgages Decline at the Fastest Rate Since the Housing Boom Ended
The number of mortgages issued for Spanish homes in April registered a drop unseen since the end of the housing boom, confirming the weakness of a real-estate market that is penalizing the country’s banks and growth.

Interest rates rise in Spanish bond sale

admin — Sat, 25 Dec 2010 00:53:49 +0000

Interest rates rise in Spanish bond sale
Spain had to pay higher interest rates to raise 3.876 billion euros via a bond sale Tuesday as investors remained nervous about whether the country may need a debt rescue like Greece and Ireland.

Spanish Banks With $167 Billion of Assets Plan Four-Way Merger

admin — Tue, 25 May 2010 02:10:49 +0000

Spanish Banks With $167 Billion of Assets Plan Four-Way Merger
Four Spanish savings banks plan to combine to form the nation’s fifth-largest financial group with more than 135 billion euros ($167 billion) in assets, as regulators push ailing lenders to merge with stronger partners.