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Mexico Forgives 'Unpayable' FOVISSSTE Housing Debts for About 5 Million Families

The policy shifts focus to debt relief with titling to secure homes people have long paid for.

Overview

  • President Claudia Sheinbaum, at a Saturday event in Emiliano Zapata, Morelos, delivered 828 FOVISSSTE debt‑discharge certificates and 250 property deeds as the government rolled out nationwide relief.
  • FOVISSSTE, the housing fund for public‑sector workers, issued loans that in many cases grew even as people kept paying, with some 70,000‑peso credits swelling to 700,000.
  • ISSSTE said 296,000 of roughly 400,000 “unpayable” cases have been addressed, with the remaining 104,000 slated for resolution in 2026.
  • Officials added that every borrower aged 80 or older will receive full forgiveness regardless of the amount owed.
  • SEDATU reported 5.1 million families helped through write‑offs or restructures, about 270,000 deeds delivered and nearly 400,000 homes formalized, and said FOVISSSTE will resume building houses to expand supply.