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Dublin: 13 °C Monday 19 August, 2019

#vulture fund

From TheJournal.ie 'It's a no-brainer': New not-for-profit company aims to keep distressed borrowers in their homes Homeoptions

'It's a no-brainer': New not-for-profit company aims to keep distressed borrowers in their homes

Homeoptions is offering itself as an alternative to vulture funds and said it is already engaging with one bank in relation to a home loan portfolio.

From TheJournal.ie Tenants spared mass eviction after Cork apartment complex is sold Leeside

Tenants spared mass eviction after Cork apartment complex is sold

Clúid Housing and Cork City Council have purchased Leeside Apartments.

From TheJournal.ie Varadkar says he's reluctant to use the term 'vulture fund' to describe firms that have bought up Irish mortgages Sell Off

Varadkar says he's reluctant to use the term 'vulture fund' to describe firms that have bought up Irish mortgages

Varadkar says he tried to remove split mortgage-holders from recent loan book sales but failed to do so.

From TheJournal.ie SF proposes new law to prevent mortgages being sold to a vulture fund without the borrower's consent Great Sell Off

SF proposes new law to prevent mortgages being sold to a vulture fund without the borrower's consent

Doherty said his proposed Bill will ensure the code is put into primary legislation.

From TheJournal.ie PTSB transfers thousands more of its customers to vulture fund servicer Sold

PTSB transfers thousands more of its customers to vulture fund servicer

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

From TheJournal.ie No vulture fund or bank has ever been sanctioned for breaching the code of conduct Great Irish Sell Off

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

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

From TheJournal.ie Opinion: 'A vulture fund took over my mortgage - have I failed my wife and kids?' Opinion

Opinion: 'A vulture fund took over my mortgage - have I failed my wife and kids?'

A husband writes about what it’s like to have his home taken over by a vulture fund.

From TheJournal.ie Ulster Bank sold mortgages to vulture fund despite offer to buy loans for mortgage to rent Arrears

Ulster Bank sold mortgages to vulture fund despite offer to buy loans for mortgage to rent

The vulture fund that bought the loans has confirmed it is not currently putting forward cases for this scheme.

From TheJournal.ie 'Where's Paschal?': Calls for political leadership as PTSB mortgage sale to vulture fund to proceed Sell Off

'Where's Paschal?': Calls for political leadership as PTSB mortgage sale to vulture fund to proceed

The bank has confirmed that performing loans and customers who have engaged will also be sold off.

From TheJournal.ie PTSB defends timing of letters to homeowners about mortgage sale to vulture fund Start Mortgages

PTSB defends timing of letters to homeowners about mortgage sale to vulture fund

The announcement was made about the loans earlier this week – and it has since emerged that the portfolio included performing loans.

From TheJournal.ie Calls for Dáil to be recalled after PTSB sell thousands of home loans to vulture fund Sell Off

Calls for Dáil to be recalled after PTSB sell thousands of home loans to vulture fund

The bank sold its controversial Project Glas loan portfolio to a so-called vulture fund for around €1.3 billion.

From TheJournal.ie 'Landlord said it was none of his business': Tenants left 'in limbo' after vulture funds buy property Receivers

'Landlord said it was none of his business': Tenants left 'in limbo' after vulture funds buy property

Housing charity Threshold says numerous renters had contacted it over problems with vulture funds and receivers.

From TheJournal.ie Farmer sues receiver and 'vulture fund' who have threatened to sell his stock Arrears

Farmer sues receiver and 'vulture fund' who have threatened to sell his stock

He fears such action would destroy his business, the High Court has heard.

From TheJournal.ie Jack Nealon's pub on Capel street is closing after over 100 years Vulture Fund

Jack Nealon's pub on Capel street is closing after over 100 years

The historic bar will shut its doors for good on 17 April.

From TheJournal.ie Termination notices sent to Limerick apartment residents to be withdrawn Vulture Fund

Termination notices sent to Limerick apartment residents to be withdrawn

People living in The Strand apartments had been facing eviction.

From TheJournal.ie Renters in Limerick apartments to be evicted after homes bought by vulture fund Sold Off

Renters in Limerick apartments to be evicted after homes bought by vulture fund

One local councillor said there are only a handful of properties for rent in Limerick City.

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

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

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

From TheJournal.ie "We're very worried" - Resident feels he's being forced out of home by 28% rent increase Tyrrelstown

"We're very worried" - Resident feels he's being forced out of home by 28% rent increase

Residents of Cruise Park in Tyrrelstown feel they are not being treated fairly by their landlord.

From TheJournal.ie Tyrrelstown residents want immediate protection from vulture fund Cruise Park

Tyrrelstown residents want immediate protection from vulture fund

Ruth Coppinger has called for the government to intervene.