• Home
  • Lending
  • European Banks Delay Mortgage Payments for COVID-19 Victims
Lending

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.

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.

Read the full article from CNN.

Related Content

Bodnar of MMG: New Stimulus-Related Headline Risk is Coming

Mortgage Forbearance Numbers Improve for Fourth Straight Week

FHFA’s Calabria Hits Back at Congress Over Refinance Fee

click me