With the entry into force of the implementing decree Tremonti Bond, concerning the suspension of payment of mortgage payments for workers on layoff or recipients of unemployment benefits, legislation aimed at alleviating the suffering of many Italian families, many users complain survey conducted by Mutui24, forum de “IlSole24Ore, the failure to quickly lure of this decree.

In fact to complete the process leading to the adoption of the facilities it will take time: Technically the decree merely speaks of “short-term interventions to help families in need on those loans for the purchase of a principal in return request to the banks for the underwriting of bonds. And the press with which the Ministry of Finance has accompanied the signing of the decree which calls on banks to make available “for workers in layoffs or recipients of unemployment benefits, suspend the payment of the installment loan for at least 12 months’.

Banks interested in issues of bonds will first sign a protocol with the Ministry with details of users and providing access to facilities, which will surely by the time. Not only that, there’s also the question that the actions planned by DL will not affect all borrowers, but only those who signed product groups will advance to the bank that actually Tremonti bond (including Intesa Sanpaolo, UniCredit and Monte Paschi Bank popular).

Many banking groups have in fact developed in recent months programs devoted specifically to aid customers in difficulties with the payment of installments, among them the same UniCredit (with the program “Together 2009″) and MPS, or have launched products that provide the suspension of the installment for certain periods or the occurrence of specific events such as the loss of their employment.

A solution can resolve most situations regardless of whether the bank has requested the Tremonti Bond or not, is that of the “Solidarity Fund” to the benefit of loans for buying a first home that provides for the suspension of up to 18 months for who can prove that it is unable to meet payments.

Good news to date is that the timing for the activation of this facility could be ripe, as the decree has established anti-crisis by the end of March (60 days from the date of conversion, which occurred January 28) the term up for ‘adoption of the Rules of the Fund by the Ministry of Finance.

Categories : Business News