Credit: Independent.ie Every mortgage provider should offer its customers fixed-rate loans, the Finance Minister has said. Michael McGrath was responding after the Irish Independent revealed how a court decision forced mortgage servicer Pepper to give a borrower couple a low fixed rate of 2.5pc for 25 years. “I welcome the judgment,” the...
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...