Relevant:
- Neediest Spaniards Stranded as Banks Sell Debt: Mortgages
- Foreclosed Homes May Flood Spanish Market as Banks Offload Unwanted Assets
- Spain Delays And Prays That Zombies Repay Debt: Mortgages
- Banks turn to demolition of foreclosed properties to ease housing-market pressures
- Compared To Spanish Locksmiths, Americans Have Lost Their Cojones
2012-01-12 — bloomberg.com
"Spain's banks, saddled with 329,000 foreclosed homes, are still willing to provide mortgages, as long as the borrower wants to buy one of their properties, according to a consumer-rights group. That's no help to homeowners and developers seeking to sell."
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