Spanish law governing the banking system, which hasn’t changed since the late 1800’s, gives the banks a very unjust leverage. Probably unique in Europe there is no Non-Recourse Debt on mortgages.
Spanish law governing the banking system, which hasn’t changed since the late 1800’s, gives the banks a very unjust leverage. Probably unique in Europe there is no Non-Recourse Debt on mortgages.