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Government targets REOCOS properties
News

Government targets REOCOS properties

13 December 2024 Editors

  The government has requested a complete listing of all properties owned by funds through their respective companies (Real Estate…

New debtor support mechanism and platform
Featured

New debtor support mechanism and platform

30 October 2024 Editors

New ways to reduce private debt are being implemented by the government as of 2025 with the creation of a…

Servicers proposal targets quick sale of 50,000 properties at a discount
Featured

Servicers proposal targets quick sale of 50,000 properties at a discount

21 October 2024 Editors

Servicers have submitted a proposal to the government enabling funds to be exempt from the obligation to settle outstanding legal…

Cabinet to assess draft bill for servicers, extrajudicial Wednesday
Featured

Cabinet to assess draft bill for servicers, extrajudicial Wednesday

9 October 2023 Editors

The draft law for servicers is scheduled Wednesday to be presented to cabinet, in a proposal which includes critical provisions…

Pre-election thoughts on three auction interventions
Featured

Pre-election thoughts on three auction interventions

21 February 2023 Editors

The government seems to be weighing up legislative intervention to further protect primary residencies from auctions, according to sources, at…

Government waits for Supreme Court, Eurostat decisions
Editorial

Government waits for Supreme Court, Eurostat decisions

22 November 2022 Editors

Two open issues, regarding Eurostat for the registration or not of part or all of the state guarantees of “Hercules”…

Servicers request meeting with head of the Supreme Court
Featured

Servicers request meeting with head of the Supreme Court

25 October 2022 Editors

Loan and credit receivables management companies will ask for a meeting with the President and Prosecutor of the Supreme Court…

Securitization business plans are up in the air
Editorial

Securitization business plans are up in the air

20 October 2022 Editors

It seems that the business plans of securitizations are “up in the air” after the government’s decision not to submit…

Previous out-of-court mechanism abolished – haircut on new platform at 30%
Featured

Previous out-of-court mechanism abolished – haircut on new platform at 30%

16 June 2022 Editors

The decision to abolish the previous out-of-court mechanism, in which thousands of debt settlement cases are still stagnant, preventing auctions…

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