SAREB/Bad Bank Favourite Spanish Property Insight › Forums › Spanish Property Forums › Real Estate Topics, News & Discussion › SAREB/Bad Bank This topic contains 2 replies, has 2 voices, and was last updated by Anonymous 6 years, 5 months ago. Author Posts December 11, 2012 at 11:55 am #57175 AnonymousParticipant Any news on this i.e. has it start operating, where are the offices, how are they going to sell the properties, will the properties comes with a mortgage & if yes who is going to process the mortgage etc, etc ?? December 12, 2012 at 3:43 pm #113863 loganParticipant Katy posted this link on another thread. http://www.reuters.com/article/2012/12/07/spain-bad-bank-idUSL5E8N3HSH20121207 Quote: “our feeling is it’s complete chaos”. BBVA have declined to take part. Others being pressurised by government. Who really wants it? The ECB. 🙁 December 12, 2012 at 9:06 pm #113867 AnonymousParticipant Yep, sounds very much like Spain. Author Posts The forum ‘Real Estate Topics, News & Discussion’ is closed to new topics and replies.