News

'We are not in this together': Irish Mortgage Holders Organisation hits out at banking industry

'We are not in this together': Irish Mortgage Holders Organisation hits out at banking industry

Credit: Irish Examiner The representative body for the banking industry has stopped short of committing to reintroducing mortgage payment breaks.…
‘I can sleep at night now’: iCare buys 19 homes to save families from eviction

‘I can sleep at night now’: iCare buys 19 homes to save families from eviction

Credit: The Journal AN APPROVED HOUSING body that purchases distressed mortgages from banks and allows the former owners to remain…
Repossession tsunami Is on the way

Repossession tsunami Is on the way

Credit: Irish Mirror MAYBE a professor of English would find another word other than tsunami. In the meantime, that’s what’s…
Mortgage breaks will not be extended beyond this week

Mortgage breaks will not be extended beyond this week

Credit: Irish Times The mortgage repayment breaks introduced in response to the Covid-19 pandemic will not be extended beyond the…
Thousands in arrears for more than a decade, Central Bank reveals

Thousands in arrears for more than a decade, Central Bank reveals

Credit: Irish Independant Thousands of mortgage holders have been in arrears for a decade or more. New figures show that…
KBC Bank has been fined over €18m for a range of “serious failings” related to the tracker mortgage scandal.

KBC Bank has been fined over €18m for a range of “serious failings” related to the tracker mortgage scandal.

Credit: NewsTalkFM The Central Bank said 3,741 KBC accounts were affected by the bank’s actions between June 2008 and October 2019.…
KBC Ireland fined €18.3m over role in tracker mortgage scandal

KBC Ireland fined €18.3m over role in tracker mortgage scandal

Credit: BreakingNews.ie KBC Bank Ireland has been fined €18.3 million by the Central Bank for its role in the State’s…
Great news for Irish house hunters as budding mortgage price war emerges

Great news for Irish house hunters as budding mortgage price war emerges

Credit: Extra.ie Mortgage holders appear set to reap the benefits of a new interest rate price war, with the moves…
Charities Regulator excoriated after its trustee nominees sued by Revenue

Charities Regulator excoriated after its trustee nominees sued by Revenue

Credit: RTE Charity trustees nominated by the Charities Regulator to sort out problems at the now defunct charity, Animal Heaven…
Vultures hit owners with interest rate hike 'to test how they react'

Vultures hit owners with interest rate hike 'to test how they react'

Credit: Irish Independant A vulture fund that bought a portfolio of distressed mortgages has pushed up the interest rate it…
How to deal with your bank if you’re in Mortgage Arrears or Pre Arrears

How to deal with your bank if you’re in Mortgage Arrears or Pre Arrears

Credit: WordPress Anyone who is struggling to pay their mortgage will have to engage in lengthy and sometimes complicated interaction…
Mortgage-to-rent and why it needs to work

Mortgage-to-rent and why it needs to work

Credit: WordPress Mortgage-to-rent and why it needs to work Much maligned and many false starts, the revamped mortgage-to-rent scheme is…
Claims vulture funds deal fairly with arrears are misleading 'fairy tales' - advocate

Claims vulture funds deal fairly with arrears are misleading 'fairy tales' - advocate

Credit: Irish Independant Claims vulture funds engage better with borrowers in arrears than banks are set to be dismissed as…
Vulture funds and a coming "tsunami" of Irish evictions

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, …
State supports banks’ spin on troubled loans

State supports banks’ spin on troubled loans

Credit: The Irish Times There has been some commentary around banks and vulture funds repossessing family homes, but exceptionally relevant…
AIB seeks ‘ethical’ buyers for non-performing loans

AIB seeks ‘ethical’ buyers for non-performing loans

Credit: The Irish Times AIB will seek expressions of interest from “ethical” finance houses and charities for a sale of family…
Flac warns about danger of vulture funds

Flac warns about danger of vulture funds

Credit: The Irish Times People could suffer homelessness and extreme poverty without new rules to block the sale of mortgages…
No Consent, No Sale Bill 'should be no brainer'

No Consent, No Sale Bill 'should be no brainer'

Credit: Irish Examiner By Pádraig Hoare Protections for mortgage holders will dramatically diminish if the sales of non-performing loans to…
iCare scheme keeps distressed borrowers in their homes

iCare scheme keeps distressed borrowers in their homes

Credit: Irish Times Almost 600 properties housing more than 2,500 individuals have been approved for a new scheme aimed at…
Calls made to kick vulture funds out of Ireland 'like the snakes that they are'

Calls made to kick vulture funds out of Ireland 'like the snakes that they are'

Credit: Irish Mirror Mortgage arrears expert David Hall said Finance Minister Paschal Donohoe should ‘wake up and smell the coffee’…
Quotes from David Hall Sunday Business Post August 19th, 2018

Quotes from David Hall Sunday Business Post August 19th, 2018

Credit: Business Post Data from Ulster Bank’s sale of mortgages to Cerberus shows the majority of those in long-term arrears…