Morning Scan: Plotting Against Mnuchin; 'The Big Short' Go...
12/22/16
Receiving Wide Coverage ...
Pay up: The European Court of Justice ruled that Spanish lenders must reimburse mortgage borrowers for charging them excess interest payments on variable-rate mortgages. The ruling, which can't be appealed, follows a 2013 decision by Spain's highest court that outlawed "mortgage floor" agreements on loans because banks didn't pass along the savings from low rates to customers. The ECJ confirmed the Spanish court decision but also said borrowers could seek reimbursement for...
[more]- Feeds Categories:
