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Monday 11 December 2023 Dublin: 9°C

# tracker mortgage scandal

Last year
2022
The wound will always remain: The families affected by the Tracker Mortgage Scandal
‘One family have to drive past the house they did own every day’.
13
13.0k
Sep 29th 2022, 4:38 PM
Timeline: How the tracker mortgage scandal unfolded in Ireland
Bank of Ireland has been fined €100,520,000 by the Central Bank for its role in the controversy.
0
9.9k
Sep 29th 2022, 1:09 PM
AIB and EBS hit with fines totalling almost €100 million over tracker mortgage scandal
AIB received a record fine of €83.3 million while EBS received a fine of €13.4 million.
42
30.6k
Jun 23rd 2022, 11:06 AM
All time
KBC Bank pushed into €41 million loss for 2020 despite positive third quarter figures
However, the Belgian-owned bank saw a ‘record number’ of mortgage applications in the third quarter.
12
12.0k
Nov 12th 2020, 11:25 AM
Bank pays €22k to man after overcharging on mortgage for almost nine years
Some 1,200 tracker mortgage complaints are still awaiting a decision from the financial services and pensions ombudsman.
46
52.7k
Aug 7th 2020, 11:23 AM
AIB setting aside €300 million redress for 'previously identified' tracker mortgage victims
The Central Bank said last year that lenders had already paid €683 million in redress to impacted customers.
34
22.3k
Updated
Feb 4th 2020, 8:42 AM
KBC boss apologises to the Irish public after he called the tracker mortgage scandal 'annoying'
“I would like to personally apologise to the Irish people.”
46
19.7k
Nov 15th 2019, 5:44 PM
Calls for head of KBC group to apologise after comments about 'annoying' tracker mortgage scandal
More than 40,000 people were affected by the scandal.
88
26.3k
Updated
Nov 15th 2019, 11:14 AM
KBC Bank admits it used time limit clause in 27 tracker complaints to Ombudsman
A number of banks, including KBC, reversed their decision to challenge the investigation of these complaints after a public rebuke by the ombudsman.
8
11.3k
Sep 14th 2019, 6:00 AM
Lenders expected to row back after rebuke from ombudsman over tracker mortgage complaints
Ger Deering this week revealed 500 complaints could be impacted by banks’ use of time limit clauses.
29
20.7k
Aug 25th 2019, 12:05 AM
Banks use time limit to challenge tracker mortgage complaints to Ombudsman
Ombudsman Ger Deering said up to 500 customers could be affected by these challenges.
31
17.5k
Aug 19th 2019, 10:27 AM
More banks to face fines over tracker mortgage scandal as officials coy about revealing cost details
Ulster Bank recently told an Oireachtas Finance committee that it will not be disclosing the amount of money it has set aside to deal with the fine.
40
14.1k
Jun 2nd 2019, 11:00 AM
Central Bank urged to ensure banks don't pass on tracker scandal fines to customers
This week Permanent TSB was fined €21 million for regulatory breaches.
100
16.9k
Jun 1st 2019, 9:30 AM
Permanent TSB fined record €21 million over tracker mortgage scandal
PTSB has apologised “unreservedly” to the customers affected by the tracker mortgage scandal.
60
37.3k
May 30th 2019, 2:07 PM
'It won't happen overnight': Launch of new body to improve culture in Irish banks
The board is funded by the five pillar banks and chaired by a retired Court of Appeal judge.
47
17.6k
Apr 15th 2019, 10:06 AM
PTSB boss says it has 500 vacant properties on its books
Fianna Fáil’s Michael McGrath described the figure as ‘extraordinarily high’.
14
24.0k
Apr 9th 2019, 7:33 PM
Financial services watchdog received over 900 complaints about tracker mortgages
All of the complaints are on hold until the Central Bank finishes its review.
18
16.3k
Jul 19th 2018, 12:05 AM
'I am really struggling': Thousands still left in tracker mortgage scandal limbo
Financial adviser Padraic Kissane believes an extra 3,000 people may be affected, but some may have to go to the courts to get their money back.
43
36.0k
May 13th 2018, 12:05 AM
3,400 new victims of tracker mortgage scandal identified
37,100 customers affected by the scandal have now been identified, with €459 million in redress paid to date.
52
13.8k
Apr 25th 2018, 12:01 PM
Tracker mortgage scandal: Overcharging total expected to reach €700 million
Padraig Kissane said he believes a further 5,000 cases not yet included in the investigation are impacted.
78
10.7k
Mar 8th 2018, 2:34 PM
Galway couple overcharged €1.23 million by KBC Bank on their mortgage
The couple were overcharged on mortgages for a number of investment properties.
58
49.1k
Feb 26th 2018, 10:41 AM
Tracker mortgage scandal could end up costing "in excess of €1 billion"
13,600 more trackers victims have been added to the growing number – it now stands at 33,7000.
43
9.6k
Dec 21st 2017, 11:08 AM
Here's how many customers each of the main banks say they overcharged
Some of the banks have increased their numbers significantly.
26
22.5k
Dec 20th 2017, 3:58 PM
It gets worse: Central Bank forces lenders to admit 13,600 more tracker victims overcharged
We now know at least 33,700 customers were overcharged and the Central Bank said it had to “relentlessly pursue” lenders in many of these cases.
109
44.3k
Dec 20th 2017, 2:00 PM
BOI hiking up some tracker mortgage rates by 1% 'should not have occurred'
Minister Paschal Donohoe said he would be raising the issue with the Central Bank.
26
18.3k
Nov 30th 2017, 8:41 PM
Central Bank wants bank execs to 'take a long hard look in the mirror' over tracker scandal
Deputy Governor Ed Sibley said he expects board members to be held to account over the errors.
54
8.2k
Nov 14th 2017, 12:30 PM
Bank of Ireland confirms additional 6,000 customers overcharged in tracker scandal
This brings the total number of impacted Bank of Ireland customers to 10,300.
49
12.9k
Nov 9th 2017, 3:00 PM
Minister's warning: 'Tenure of individual bank directors' in firing line unless there's progress on trackers
Paschal Donohoe says he’s prepared to use his influence as a shareholder if he’s not satisfied with how banks perform.
78
11.1k
Nov 3rd 2017, 12:05 AM
Do banks ever get punished? Central Bank says Ireland does not have a zero tolerance approach
‘If you don’t want the banks to bother looking at the law, why do we have the law?’
77
27.7k
Oct 29th 2017, 9:30 PM
'Do your job': Finance Committee wants ECB chief to explain role in tracker mortgage scandal
The committee’s chair said it is important to keep the pressure on the banks now.
52
13.6k
Oct 28th 2017, 10:39 AM
'We apologise unreservedly' 'We sincerely apologise': Five banks say sorry for tracker mortgage mess
Minister Donohoe was addressing the media in a week where he met all the main banks’ CEOs.
101
18.3k
Oct 25th 2017, 5:04 PM
Tracker scandal: Repayments by Christmas as Donohoe bemoans 'cultural issue' with banks
The CEOs of Bank of Ireland, Permanent TSB and KBC held talks with the Minister for Finance today.
97
21.5k
Oct 23rd 2017, 10:06 PM
Paschal Donohoe: Tracker mortgage scandal 'shines a light into the culture of Irish banking'
The minister has called in all the banks next week to tell them their actions are unacceptable.
64
10.1k
Oct 20th 2017, 4:54 PM
'A dog who won't bark, never mind bite': Central Bank in the firing line over tracker scandal
More than 20,000 people were impacted by the scandal and numbers are likely to rise.
81
15.4k
Oct 19th 2017, 5:57 PM
Taoiseach says banks' behaviour on tracker mortgages is 'scandalous'
Donohoe is calling in the bankers on Monday and Wednesday to “admonish” the chief executives.
87
17.0k
Oct 18th 2017, 9:38 PM
'The banks took their money, turned their lives upside down, and shattered their dreams'
Fianna Fáil’s Michael McGrath said the Central Bank will be grilled on the tracker mortgage scandal next week.
43
10.0k
Oct 14th 2017, 12:26 PM
Couple affected by tracker mortgage scandal suffered stroke and nervous breakdown
A number of customers affected by the error shared stories today of the hardship it caused.
60
28.2k
Oct 12th 2017, 3:37 PM
McGrath: 'How did the banks happen to make the same mistake that hurt their customers?'
Thousands of customers have been charged higher interest rates than they should have been.
36
13.7k
Oct 6th 2017, 1:44 PM
Victim of tracker mortgage scandal: 'If I was six months in arrears they'd be ringing me every day'
The Bank of Ireland customer was first told she was affected in December last year – but has received no additional information since then.
43
55.5k
Jun 25th 2017, 9:00 PM
Here's how to check if your bank overcharged you on your mortgage - and what to do next
Up to 15,000 people are affected by the tracker mortgage scandal – but even people who were never on a tracker may have been overcharged.
23
82.6k
Apr 8th 2017, 10:00 PM