Jingle Mail could be coming to Spain where the tradition of full recourse mortgages is dealt a...

|By:, SA News Editor
Jingle Mail could be coming to Spain where the tradition of full recourse mortgages is dealt a blow after a judge rules that repossession alone is enough to clear the loan. The decision could affect hundreds of thousands still on the hook for debt after losing their homes. Fitch expects (prays) the ruling to be overturned.