Thousands in arrears for more than a decade, Central Bank reveals
Credit: Independant.ie Thousands of mortgage holders have been in arrears for a decade or more. New figures show that just over 4,700 mortgage accounts were more than 10 years in…
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 tracker mortgage scandal, during which the lender moved some borrowers…
KBC Bank has been fined over €18m for a range of “serious failings” related to the tracker mortgage scandal.
Credit: NewsTalkFMThe Central Bank said 3,741 KBC accounts were affected by the bank’s actions between June 2008 and October 2019.It said the impact on customers was “devastating,” resulting in the loss of…
Thousands of families at risk as COVID mortgage relief to end in days
Credit: Extra.ie The Government is to haul in the five major banks and insist they help thousands of struggling families whose pandemic mortgage breaks are due to end in six…
Two-thirds in long-term mortgage arrears risk losing homes, banks say
Credit: Irish Times Banks calculate that two-thirds of those in long-term arrears on their mortgage repayments ultimately risk losing their homes, it has emerged. About 26,000 people are 720 days…