Prior to War, Banks Began to Refuse Yesha Mortgages
Israel National News
Prior to the Re-Engagement War in Lebanon and Gaza, banks began refusing mortgages to people wishing to build in Judea and Samaria (Yesha) due to PM Olmert’s Convergence Plan.
Following a recent Arutz-7 report on the matter, and now that PM Olmert has reportedly shelved his Convergence Plan, the Finance Ministry has stated that none of its directives had changed, and that any refusal to grant mortgages was the decision of the banks alone.
