portability mortgage
"It's a victory for the unity of the groups who initially interpreted the art. 8 of Law 40/2007 in the sense of no cost to the portability of mortgages." This is the comment by Antonio Longo, Chairman of the Defense of the Citizen Movement (MDC) with the decisions today by the Executive Committee of the ABI, with regard to the portability of loans, namely the recommendation to member banks in the event of a takeover of mortgage costs and penalties for the extinction anticipated to take charge of the bank takes over. "We held out in front of the objections of ABI - Longo continues to MDC - and now comes the positive result. We are confident that now the banks can not escape that, which is not only a "recommendation" ABI Executive unanimously, but also an interpretation shared by the Ministry of Economic Development, which has always been clear in this regard. After the notaries who have done their part to make the procedure easier portability, the banks now finally open to the market. It's just - concluded the President of the Movement of the Citizen Defense - a bank that wants to earn our customers offering the underwriters of mortgage portability at no cost, which means to bear any penalty, the costs of the transfer of the mortgage and activation of the new mortgage. We also hope that it triggers a mechanism for healthy competition, always in favor of the customer, with a general willingness to renegotiate the loans from the bank of belonging "(IMGPress)
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