Catalonia social rent decree to affect RMBS deals

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Catalonia social rent decree to affect RMBS deals

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Independence manifestation in Barcelona, SI, September 11, 2017 | Josep Curto/curto - stock.adobe.com

A law to promote access to housing enacted in Spain’s Catalonia region risks delaying the recovery for some RMBS and non-performing loan (NPL) deals set to be affected by economic fallout from the coronavirus pandemic, DBRS said in a report on Monday.

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