The Italian government is proposing a new decree that allows for loan modifications. This change is aimed at making mortgage debt more affordable for certain borrowers, resembling recent U.S. government loan modification initiatives.

It is also the first government-led proposal of its kind seen in Europe.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.