Vulture funds and a coming “tsunami” of Irish evictions

Credit: Irish Central Expert believes 40,000 distressed mortgage holders could be evicted, unable to pay back banks and vulture funds,  as Ireland's current homeless crisis could turn into a catastrophe. A leading campaigner on behalf of distressed mortgage holders in Ireland has warned that up to 40,000 people are set...

Flac warns about danger of vulture funds

Credit: Irish Times New rules could guard against homelessness and poverty, says human rights body. People could suffer homelessness and extreme poverty without new rules to block the sale of mortgages to so-called vulture funds, the Free Legal Advice Centres (Flac) has declared. The Oireachtas Finance Committee is currently examining a Sinn...

Lifeline ambulance breaks records

Credit: Irish Examiner Protections for mortgage holders will dramatically diminish if the sales of non-performing loans to so-called "vulture funds" continues, campaigners have claimed. Protections for mortgage holders will dramatically diminish if the sales of non-performing loans to so-called "vulture funds" continues, campaigners have claimed. Members of the Free Legal...