Relevant:
- Spain to Pass Decree on Foreclosures After Opposition Talks Fail
- Spain's Bad Bank Profit Pledge Seen Hindered by Housing
- Canada's Housing Bubble Springs a Leak
- Spain's jobless immigrants take on banks over mortgages
- Banks ignoring foreclosure in wealthy housing markets -- Beverly Hills MLS lists zero foreclosures for the 90210 zip code but distress inventory still high.
2012-10-09 — bloomberg.com
Home foreclosures in Spain, which disproportionately affected lower-income immigrants after the real estate bubble burst, are spreading to formerly well-to-do families and businessmen as they run out of ways to pay mortgages in a deepening recession.
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