Credit: WordPress A tsunami of house repossessions, or not, depends on lenders’ plans for the 24,000 households who are in long-term mortgage arrears. When those in arrears can’t pay, or don’t engage, most assume lenders take things to the next step and seek to repossess the home. It seems, however, from recent Central Bank...
BANKS REFUSAL TO REINTRODUCE PAYMENT BREAKS ‘DISGRACEFUL’
Credit: mortgageholders.ie The head of The Irish Mortgage Holders Organisation has branded the refusal of banks to reintroduce Mortgage Payment Breaks as ‘disgraceful’. The comments from IMHO, CEO, David Hall follow a press statement from the Banking and Payments Federation Industry which confirmed this afternoon that the payment breaks would not return...
‘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. The head of The Irish Mortgage Holders Organisation (IMHO) has branded the refusal of banks to reintroduce mortgage payment breaks as "disgraceful". “We are not in this together, and banks...