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40,000 Spanish losing family homes because of the mortgage crisis

Caused by the difficult economic situation and unemployment in losing 40,000 Spanish family homes in 2012 due to non-payment of the mortgage.

And the Spanish Central Bank data said that a total of 39 thousand and 167 house lawyer banks 2012 due to inability to pay.

The data indicated that 20 thousand and 972 houses delivered optionally, while ladder 18 alpha and 195 by court order.

It was the first time that the Spanish Central Bank disseminates such data collected through a referendum on a set of banking institutions that manage more than 85% of the total credit to buy homes.

The European Union’s Court of Justice ruled that the procedures governing the operations of expulsion in Spain due to non-payment of the mortgage in violation of European laws that seek to protect consumers from abusive items.

Spain is experiencing a deep economic crisis, put it on the edge of recession, unemployment rates reached nearly 25%, raising the number of population evacuation defaulters to pay the mortgage, which affects tens of thousands of people, many of them immigrants.