Advertisement
Dublin: 21 °C Saturday 25 September, 2021

#Tracker Mortgage

KBC Bank pushed into €41 million loss for 2020 despite positive third quarter figures
# The Banks
From TheJournal.ie
# The Banks

KBC Bank pushed into €41 million loss for 2020 despite positive third quarter figures

Nov 12th 2020, 11:25 AM 11,895 Views 12 Comments

However, the Belgian-owned bank saw a ‘record number’ of mortgage applications in the third quarter.

AIB setting aside €300 million redress for 'previously identified' tracker mortgage victims
# Banks
From TheJournal.ie
# Banks

AIB setting aside €300 million redress for 'previously identified' tracker mortgage victims

Updated Feb 4th 2020, 8:42 AM 22,242 Views 34 Comments

The Central Bank said last year that lenders had already paid €683 million in redress to impacted customers.

KBC Bank admits it used time limit clause in 27 tracker complaints to Ombudsman
# Tracker Mortgage Scandal
From TheJournal.ie
# Tracker Mortgage Scandal

KBC Bank admits it used time limit clause in 27 tracker complaints to Ombudsman

Sep 14th 2019, 6:00 AM 11,234 Views 8 Comments

A number of banks, including KBC, reversed their decision to challenge the investigation of these complaints after a public rebuke by the ombudsman.

Lenders expected to row back after rebuke from ombudsman over tracker mortgage complaints
# Tracker Mortgage Scandal
From TheJournal.ie
# Tracker Mortgage Scandal

Lenders expected to row back after rebuke from ombudsman over tracker mortgage complaints

Aug 25th 2019, 12:05 AM 20,522 Views 29 Comments

Ger Deering this week revealed 500 complaints could be impacted by banks’ use of time limit clauses.

Banks use time limit to challenge tracker mortgage complaints to Ombudsman
# Tracker Scandal
From TheJournal.ie
# Tracker Scandal

Banks use time limit to challenge tracker mortgage complaints to Ombudsman

Aug 19th 2019, 10:27 AM 17,377 Views 31 Comments

Ombudsman Ger Deering said up to 500 customers could be affected by these challenges.

Banks offer average of €194,000 to people who lost homes due to tracker mortgage scandal
# Tracker Mortgage
From TheJournal.ie
# Tracker Mortgage

Banks offer average of €194,000 to people who lost homes due to tracker mortgage scandal

Jul 16th 2019, 11:00 AM 66,861 Views 83 Comments

There were 99 homes lost as a result of lenders’ failings as well as 216 buy-to-let properties.

More banks to face fines over tracker mortgage scandal as officials coy about revealing cost details
# Bankers
From TheJournal.ie
# Bankers

More banks to face fines over tracker mortgage scandal as officials coy about revealing cost details

Jun 2nd 2019, 11:00 AM 14,044 Views 40 Comments

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.

Permanent TSB fined record €21 million over tracker mortgage scandal
# Might Fine
From TheJournal.ie
# Might Fine

Permanent TSB fined record €21 million over tracker mortgage scandal

May 30th 2019, 2:07 PM 37,226 Views 60 Comments

PTSB has apologised “unreservedly” to the customers affected by the tracker mortgage scandal.

Couple received €40,000 after insurer tried to reject storm damage claim
# Financial Services Ombudsman
From TheJournal.ie
# Financial Services Ombudsman

Couple received €40,000 after insurer tried to reject storm damage claim

Mar 28th 2019, 5:10 PM 27,181 Views 8 Comments

There were 5,692 complaints made to the financial services ombudsman last year – one third of those about insurance.

Central Bank says 35-45 year olds who bought homes in the boom will be most impacted if tracker rates rise
# Outlook
From TheJournal.ie
# Outlook

Central Bank says 35-45 year olds who bought homes in the boom will be most impacted if tracker rates rise

Feb 27th 2019, 4:57 PM 37,996 Views 26 Comments

Despite Brexit, the Central Bank believes workers are in line for pay increases of up to 7% over the next two years.

Banks pay out €647 million to victims of tracker mortgage scandal
# Tracker Mortgage
From TheJournal.ie
# Tracker Mortgage

Banks pay out €647 million to victims of tracker mortgage scandal

Feb 4th 2019, 1:04 PM 19,564 Views 34 Comments

The number of people affected by the overcharging scandal has now risen to almost 40,000.

Financial services watchdog received over 900 complaints about tracker mortgages
# Tracker Scandal
From TheJournal.ie
# Tracker Scandal

Financial services watchdog received over 900 complaints about tracker mortgages

Jul 19th 2018, 12:05 AM 16,227 Views 17 Comments

All of the complaints are on hold until the Central Bank finishes its review.

'I am really struggling': Thousands still left in tracker mortgage scandal limbo
# Overcharging
From TheJournal.ie
# Overcharging

'I am really struggling': Thousands still left in tracker mortgage scandal limbo

May 13th 2018, 12:05 AM 35,916 Views 43 Comments

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.

Tracker mortgage scandal: Overcharging total expected to reach €700 million
# Lending
From TheJournal.ie
# Lending

Tracker mortgage scandal: Overcharging total expected to reach €700 million

Mar 8th 2018, 2:34 PM 10,662 Views 78 Comments

Padraig Kissane said he believes a further 5,000 cases not yet included in the investigation are impacted.

Galway couple overcharged €1.23 million by KBC Bank on their mortgage
# Compensation
From TheJournal.ie
# Compensation

Galway couple overcharged €1.23 million by KBC Bank on their mortgage

Feb 26th 2018, 10:41 AM 48,959 Views 58 Comments

The couple were overcharged on mortgages for a number of investment properties.

Tracker scandal: Just a quarter of PTSB customers who lost homes have appealed
# Compensation
From TheJournal.ie
# Compensation

Tracker scandal: Just a quarter of PTSB customers who lost homes have appealed

Feb 6th 2018, 8:01 PM 12,960 Views 22 Comments

Sinn Féin’s Pearse Doherty said there was an “onus” on the banks to get in contact with these customers.

Tracker mortgage scandal: AIB did not consider 'the potential fallout'
# Compensation
From TheJournal.ie
# Compensation

Tracker mortgage scandal: AIB did not consider 'the potential fallout'

Jan 23rd 2018, 6:14 PM 16,825 Views 41 Comments

About 10,000 account holders were impacted by the scandal.

'Take a look in the mirror': Why didn't the Central Bank act earlier on the tracker mortgage scandal?
# Tracker Scandal
From TheJournal.ie
# Tracker Scandal

'Take a look in the mirror': Why didn't the Central Bank act earlier on the tracker mortgage scandal?

Jan 18th 2018, 1:41 PM 11,219 Views 31 Comments

The Central Bank’s governor Philip Lane confirmed 13,000 impacted customers are still waiting to get their money back.

Minister willing to bring in new laws to punish reckless behaviour of senior bankers
# Tracker Scandal
From TheJournal.ie
# Tracker Scandal

Minister willing to bring in new laws to punish reckless behaviour of senior bankers

Jan 16th 2018, 5:50 PM 7,724 Views 55 Comments

Paschal Donohoe was speaking to the Finance Committee today about the tracker mortgage scandal.

Here's how banks plan to 'rebuild trust' after the tracker mortgage scandal
# Banking Standards Board
From TheJournal.ie
# Banking Standards Board

Here's how banks plan to 'rebuild trust' after the tracker mortgage scandal

Dec 31st 2017, 1:41 PM 22,460 Views 83 Comments

The initiative has been welcomed by Minister Paschal Donohoe today.

Here's how many customers each of the main banks say they overcharged
# Tracker Mortgage Scandal
From TheJournal.ie
# Tracker Mortgage Scandal

Here's how many customers each of the main banks say they overcharged

Dec 20th 2017, 3:58 PM 22,470 Views 26 Comments

Some of the banks have increased their numbers significantly.

It gets worse: Central Bank forces lenders to admit 13,600 more tracker victims overcharged
# Scandal
From TheJournal.ie
# Scandal

It gets worse: Central Bank forces lenders to admit 13,600 more tracker victims overcharged

Dec 20th 2017, 2:00 PM 44,271 Views 109 Comments

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.

Couple battling to keep home discovered they're victims of tracker mortgage scandal 'by accident'
# Ennis
From TheJournal.ie
# Ennis

Couple battling to keep home discovered they're victims of tracker mortgage scandal 'by accident'

Dec 12th 2017, 6:20 AM 39,800 Views 0 Comments

The family were forced to go to the St Vincent de Paul to put food on the table for their children after paying €1,080 a month in mortgage repayments.

'There's no evidence of a banking cartel in Ireland', says watchdog
# Tracker Mortgage
From TheJournal.ie
# Tracker Mortgage

'There's no evidence of a banking cartel in Ireland', says watchdog

Dec 7th 2017, 5:50 PM 7,515 Views 46 Comments

But the CCPC hasn’t ruled out the possibility banks colluded over the tracker mortgage scandal.

BOI hiking up some tracker mortgage rates by 1% 'should not have occurred'
# Tracker Mortgage Scandal
From TheJournal.ie
# Tracker Mortgage Scandal

BOI hiking up some tracker mortgage rates by 1% 'should not have occurred'

Nov 30th 2017, 8:41 PM 18,230 Views 26 Comments

Minister Paschal Donohoe said he would be raising the issue with the Central Bank.

Central Bank wants bank execs to 'take a long hard look in the mirror' over tracker scandal
# Overcharging
From TheJournal.ie
# Overcharging

Central Bank wants bank execs to 'take a long hard look in the mirror' over tracker scandal

Nov 14th 2017, 12:30 PM 8,167 Views 54 Comments

Deputy Governor Ed Sibley said he expects board members to be held to account over the errors.

Bank of Ireland confirms additional 6,000 customers overcharged in tracker scandal
# Tracker Mortgage
From TheJournal.ie
# Tracker Mortgage

Bank of Ireland confirms additional 6,000 customers overcharged in tracker scandal

Nov 9th 2017, 3:00 PM 12,860 Views 49 Comments

This brings the total number of impacted Bank of Ireland customers to 10,300.

Margaretta D'Arcy tried to perform a 'citizen's arrest' of AIB bosses over the tracker scandal
# Shareholder Meeting
From TheJournal.ie
# Shareholder Meeting

Margaretta D'Arcy tried to perform a 'citizen's arrest' of AIB bosses over the tracker scandal

Nov 3rd 2017, 6:30 PM 72,005 Views 103 Comments

D’Arcy – who has a history of taking part in high-profile campaigns and activism – took to the stage at the EGM today.

Minister's warning: 'Tenure of individual bank directors' in firing line unless there's progress on trackers
# Bank Bosses
From TheJournal.ie
# Bank Bosses

Minister's warning: 'Tenure of individual bank directors' in firing line unless there's progress on trackers

Nov 3rd 2017, 12:05 AM 11,014 Views 78 Comments

Paschal Donohoe says he’s prepared to use his influence as a shareholder if he’s not satisfied with how banks perform.

Poll: Are the banks doing enough to tackle the tracker mortgage scandal?
# Your Say
From TheJournal.ie
# Your Say

Poll: Are the banks doing enough to tackle the tracker mortgage scandal?

Oct 27th 2017, 8:34 AM 16,842 Views 87 Comments

The Central Bank has said the “vast majority” of those affected will be repayed by Christmas.

Tracker scandal: Repayments by Christmas as Donohoe bemoans 'cultural issue' with banks
# Compensation
From TheJournal.ie
# Compensation

Tracker scandal: Repayments by Christmas as Donohoe bemoans 'cultural issue' with banks

Oct 23rd 2017, 10:06 PM 21,422 Views 97 Comments

The CEOs of Bank of Ireland, Permanent TSB and KBC held talks with the Minister for Finance today.

From 'I don't know what a tracker mortgage is' to the biggest financial scandal of our time
# Tracker Scandal
From TheJournal.ie
# Tracker Scandal

From 'I don't know what a tracker mortgage is' to the biggest financial scandal of our time

Oct 23rd 2017, 12:05 AM 28,540 Views 61 Comments

The heads of three banks are due to meet with the Finance Minister to discuss the issue today.

'A dog who won't bark, never mind bite': Central Bank in the firing line over tracker scandal
# Regulation
From TheJournal.ie
# Regulation

'A dog who won't bark, never mind bite': Central Bank in the firing line over tracker scandal

Oct 19th 2017, 5:57 PM 15,319 Views 81 Comments

More than 20,000 people were impacted by the scandal and numbers are likely to rise.

Taoiseach says banks' behaviour on tracker mortgages is 'scandalous'
# Out Of Patience
From TheJournal.ie
# Out Of Patience

Taoiseach says banks' behaviour on tracker mortgages is 'scandalous'

Oct 18th 2017, 9:38 PM 16,985 Views 87 Comments

Donohoe is calling in the bankers on Monday and Wednesday to “admonish” the chief executives.

23 people lost their homes because of the tracker mortgage scandal
# Overcharging
From TheJournal.ie
# Overcharging

23 people lost their homes because of the tracker mortgage scandal

Oct 17th 2017, 12:01 PM 14,048 Views 54 Comments

Financial institutions have paid out €163 million to affected customers to date.

'The banks took their money, turned their lives upside down, and shattered their dreams'
# Micheal McGrath
From TheJournal.ie
# Micheal McGrath

'The banks took their money, turned their lives upside down, and shattered their dreams'

Oct 14th 2017, 12:26 PM 9,896 Views 43 Comments

Fianna Fáil’s Michael McGrath said the Central Bank will be grilled on the tracker mortgage scandal next week.

More than 30,000 people may be affected by tracker scandal - double the Central Bank's estimate
# Expert Opinion
From TheJournal.ie
# Expert Opinion

More than 30,000 people may be affected by tracker scandal - double the Central Bank's estimate

Oct 13th 2017, 12:05 AM 13,458 Views 51 Comments

Financial advisor Padraig Kissane said many people who should be included in the current redress process have been told they are not impacted.

Central Bank urged to 'flex its muscle' with banks over slow progress in tracker mortgage scandal
# Crackdown
From TheJournal.ie
# Crackdown

Central Bank urged to 'flex its muscle' with banks over slow progress in tracker mortgage scandal

Oct 8th 2017, 4:00 PM 9,000 Views 22 Comments

Many customers will have to wait until well into 2018 to get their money back and receive compensation.

McGrath: 'How did the banks happen to make the same mistake that hurt their customers?'
# Tracker Mortgage Scandal
From TheJournal.ie
# Tracker Mortgage Scandal

McGrath: 'How did the banks happen to make the same mistake that hurt their customers?'

Oct 6th 2017, 1:44 PM 13,567 Views 36 Comments

Thousands of customers have been charged higher interest rates than they should have been.

'They've gone without food, without heat in their home': Ulster Bank execs grilled over tracker scandal
# Overcharging
From TheJournal.ie
# Overcharging

'They've gone without food, without heat in their home': Ulster Bank execs grilled over tracker scandal

Oct 5th 2017, 2:15 PM 22,659 Views 34 Comments

The bank’s CEO revealed almost 3,500 customers were overcharged.

1 2