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Dublin: 16°C Wednesday 17 August 2022

#Great Irish Sell Off

# great-irish-sell-off - Tuesday 2 July, 2019

Ulster Bank sells off nearly 4,000 of its customers in massive family home loan book sale
# Mortgage Sale
# Mortgage Sale

Ulster Bank sells off nearly 4,000 of its customers in massive family home loan book sale

Jul 2nd 2019, 7:12 PM 28,458 Views 92 Comments

90% of the loans due to be sold are family homes – about 3,200 accounts.

# great-irish-sell-off - Thursday 31 January, 2019

Bill which aims to force banks to ask for permission before selling mortgages to vulture funds passes in the Dáil
# Great Irish Sell Off
# Great Irish Sell Off

Bill which aims to force banks to ask for permission before selling mortgages to vulture funds passes in the Dáil

Updated Jan 31st 2019, 6:14 PM 39,439 Views 76 Comments

The Bill puts into law what already exists at the moment as a voluntary Central Bank code

# great-irish-sell-off - Thursday 29 November, 2018

PTSB transfers thousands more of its customers to vulture fund servicer
# Sold
# Sold

PTSB transfers thousands more of its customers to vulture fund servicer

Nov 29th 2018, 5:08 PM 39,912 Views 80 Comments

Many of the mortgage-holders sold today had engaged with the bank and reached arrangements.

# great-irish-sell-off - Saturday 24 November, 2018

No vulture fund or bank has ever been sanctioned for breaching the code of conduct
# Great Irish Sell Off
# Great Irish Sell Off

No vulture fund or bank has ever been sanctioned for breaching the code of conduct

Nov 24th 2018, 8:00 AM 12,419 Views 30 Comments

The Central Bank said no sanctions have been put in place since the Code of Conduct on Mortgage Arrears commencement in 2009.

# great-irish-sell-off - Thursday 22 February, 2018

Harris on PTSB home loan sale: 'It's time to see a bit of humility from our banks'
# Vulture Funds
# Vulture Funds

Harris on PTSB home loan sale: 'It's time to see a bit of humility from our banks'

Feb 22nd 2018, 4:02 PM 18,593 Views 91 Comments

Sinn Féin’s Pearse Doherty said the bank has been asked to appear before the Oireachtas Finance Committee next week.

# great-irish-sell-off - Wednesday 21 February, 2018

Minister concedes homeowners who engaged with PTSB may not have deals honoured
# Vulture Funds
# Vulture Funds

Minister concedes homeowners who engaged with PTSB may not have deals honoured

Feb 21st 2018, 3:44 PM 23,692 Views 122 Comments

PTSB, which is 75% State owned, has been defending its plan to sell off a book of non-performing loans.

# great-irish-sell-off - Tuesday 20 February, 2018

'Many have made no payments at all for years': PTSB defends controversial €3.7 billion mortgage sell off
# Political Battle
# Political Battle

'Many have made no payments at all for years': PTSB defends controversial €3.7 billion mortgage sell off

Feb 20th 2018, 8:42 PM 39,355 Views 189 Comments

The proposed sell-off has become the subject of a political battle in recent days.

# great-irish-sell-off - Monday 19 February, 2018

'It's not fair': Fianna Fáil poised to block PTSB loan sale to 'unregulated' vulture funds
# Fire Sale
# Fire Sale

'It's not fair': Fianna Fáil poised to block PTSB loan sale to 'unregulated' vulture funds

Feb 19th 2018, 9:18 AM 25,279 Views 116 Comments

The bank, which is 75% owned by the State, plans to sell off a loan book worth €4 billion.

# great-irish-sell-off - Thursday 15 February, 2018

'You're throwing people to the vulture funds': Government criticised for taking no action to halt PTSB loan sale
# Fire Sale
# Fire Sale

'You're throwing people to the vulture funds': Government criticised for taking no action to halt PTSB loan sale

Feb 15th 2018, 1:52 PM 21,476 Views 120 Comments

PTSB, which is 75% owned by the State, states it is selling off non-performing loans.

# great-irish-sell-off - Sunday 9 April, 2017

'Farmers are at their wit's end': Losing your land, home and income at the hands of vulture funds
# Great Irish Sell Off
# Great Irish Sell Off

'Farmers are at their wit's end': Losing your land, home and income at the hands of vulture funds

Apr 9th 2017, 8:15 AM 21,888 Views 55 Comments

The IFA says if vulture funds come after farmers they’ll have to get to them through them first.

# great-irish-sell-off - Monday 9 January, 2017

'Out of the blue, we got a letter to say our loans had been sold to a vulture fund'
# Great Irish Sell Off
# Great Irish Sell Off

'Out of the blue, we got a letter to say our loans had been sold to a vulture fund'

Jan 9th 2017, 12:05 AM 59,352 Views 104 Comments

Housing has become the biggest issue for hundreds of thousands of people in Ireland.