Royal Bank of Scotland said that people who can’t afford to make payments due to the COVID-19 outbreak can ask for postponements of up to three months.
Italy’s economic ministry said it was working with banks to suspend mortgage payments.
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Mortgage Industry Adapts to Rising Interest Rates The U.S. mortgage industry is adapting to rising interest rates, transforming lending strategies, and borrower behaviors. This article explores the implications for lenders and borrowers, offering insights into new trends and strategies.
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European Banks Delay Mortgage Payments for COVID-19 Victims
Institutions in Italy and the United Kingdom have been working to push back mortgage payment deadlines for borrowers impacted by the coronavirus. So reports CNN.
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