loan novations

The Covid 19 crisis triggers the novation of mortgage loans

The Covid 19 crisis triggers the novation of mortgage loans

In 2020, operations to renegotiate mortgage loans rose by 298%. The reasons are several. On the one hand, the Covid-19 pandemic has had a very negative impact on family incomes. And on the other, there is the moratorium that the Government approved to be able to face the economic and health crisis caused by the virus. The data comes from the report The effects of the pandemic in 2020 from the perspective of the data of the Notariat, which also highlights the increase in notarial acts aimed at improving the solvency of citizens and companies. Loan novations rise and home…
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The Covid 19 crisis triggers the novation of mortgage loans

The Covid 19 crisis triggers the novation of mortgage loans

In 2020, operations to renegotiate mortgage loans rose by 298%. The reasons are several. On the one hand, the Covid-19 pandemic has had a very negative impact on family incomes. And on the other, there is the moratorium that the Government approved to be able to face the economic and health crisis caused by the virus. The data comes from the report┬áThe effects of the pandemic in 2020 from the perspective of the data of the Notariat, which also highlights the increase in notarial acts aimed at improving the solvency of citizens and companies. Loan novations rise and home sales…
Read More