Spanish savings banks may be hiding losses on home loans by taking non-performing mortgages out of securitized transactions, according to CreditSights. By carrying the bad loans on their own books the so-called cajas sidestep downgrades to their mortgage-backed securities, the independent bond research firm said in a report.
Spain’s cajas may be hiding mortgage losses, CreditSights says
Most Popular Articles
Latest Articles
Best real estate continuing education schools for quick and easy license renewal in 2024
Need to renew your license this year? Check out our favorite real estate continuing education courses for a quick & easy renewal.