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New support measures for mortgage holders

New support measures for mortgage holders
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New supports for vulnerable mortgage borrowers welcomed

Managers of vulture fund mortgages to link up with MABS on regular basis to help distressed borrowers

The largest manager of mortgages on behalf of vulture funds has started meeting State budgeting advisory body MABS regularly to identify and help those at risk of getting behind on their mortgage repayments.

Two major banks exit Ireland – who is filling the gap?

In the Irish market – reflecting a wider trend – traditional banks’ loss has been NBFIs’ gain, writes Aaron McGarry.

Finance Ireland hikes its mortgage rates by 0 25pc

Non-bank lender Finance Ireland has pushed up its variable mortgage rates by a quarter point, following last month’s European Central Bank hike.

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