Showing 1 to 4 of 4 results
Hercules" ABS Underperforms Due to Property Auction Shortfalls
Low proceeds from property auctions are hindering "Hercules" asset-backed securities performance, reaching only 26% of the target, while loan restructurings exceed expectations at 56%; in 2024, 29.5% of 69,026 scheduled auctions were canceled or suspended, with only 25.6% of completed auctions resul...
Hercules" ABS Underperforms Due to Property Auction Shortfalls
Low proceeds from property auctions are hindering "Hercules" asset-backed securities performance, reaching only 26% of the target, while loan restructurings exceed expectations at 56%; in 2024, 29.5% of 69,026 scheduled auctions were canceled or suspended, with only 25.6% of completed auctions resul...
Progress
40% Bias Score
Greece to Hike Tax on Bank-Owned Properties to Boost Housing Supply
The Greek government proposes a 30% ENFIA increase on approximately 9,000 bank-owned residential properties acquired via foreclosures to incentivize faster sales and alleviate the housing shortage, potentially implementing the measure unilaterally despite bank objections.
Greece to Hike Tax on Bank-Owned Properties to Boost Housing Supply
The Greek government proposes a 30% ENFIA increase on approximately 9,000 bank-owned residential properties acquired via foreclosures to incentivize faster sales and alleviate the housing shortage, potentially implementing the measure unilaterally despite bank objections.
Progress
52% Bias Score
PQH's €0.5 Billion Sale Boosts Greek Non-Performing Loan Recovery
PQH, a Greek asset management company, completed the sale of a €4.8 billion non-performing loan portfolio for approximately €0.5 billion, increasing total recoveries to €1.7 billion since its 2016 founding, showcasing its role in resolving Greece's banking crisis.
PQH's €0.5 Billion Sale Boosts Greek Non-Performing Loan Recovery
PQH, a Greek asset management company, completed the sale of a €4.8 billion non-performing loan portfolio for approximately €0.5 billion, increasing total recoveries to €1.7 billion since its 2016 founding, showcasing its role in resolving Greece's banking crisis.
Progress
44% Bias Score
Cerberus Ordered to Pay Banco Sabadell €400 Million in Toxic Asset Dispute
A British court ruled that Cerberus must pay Banco Sabadell over €400 million for a 2019 toxic asset sale, resolving a dispute over property registration and impacting Sabadell's financial health.
Cerberus Ordered to Pay Banco Sabadell €400 Million in Toxic Asset Dispute
A British court ruled that Cerberus must pay Banco Sabadell over €400 million for a 2019 toxic asset sale, resolving a dispute over property registration and impacting Sabadell's financial health.
Progress
36% Bias Score
Showing 1 to 4 of 4 results