Your contributions will help us continue to deliver the stories that are important to you
IBRC and NAMA will dump €15 billion worth of loans this year - report
Stress tests may encourage banks to offload loan books.
Your contributions will help us continue to deliver the stories that are important to you
Stress tests may encourage banks to offload loan books.
The state-backed bank is offering to pay first time buyer’s stamp duty-but should you take the deal?
The last time bank executives provided updates to the Finance Committee they were criticised for not being direct enough.
Everybody’s talking about the gardaí identifying attackers in viral assault video, AIB’s mortgage deals and the Christy Brown archive auction.
No buts or maybes, now – it has to be “yes”.
Everything happening in Leinster House today.
Despite Fergus O’Dowd’s criticism of the Fianna Fáil’s bill, the government will not oppose its passage.
Everything you wanted to know about the Oireachtas today but were too afraid to ask…
Bank of Ireland has released its results for 2013. Richie Boucher says the institution made “further substantial progress” last year.
The new initiative will also allow those on trackers to move house without losing their cheaper loans.
Incumbent property owners receive special privileges in Ireland – meaning some mortgagors will walk out of this crisis with the same assets they walked into it with, despite not paying for them, writes Karl Deeter.
A glut of cash buyers, homeowners anchored by negative equity and tracker mortgages – in Dublin, the situation for young people trying to buy is alarming.
Homeowners who had their loans with IBRC are said to be anxious, but the Finance Minister says he cannot get involved.
Yesterday, four women shared their stories of facing eviction and living with homelessness. We want to hear yours.
Plus: What percentage of teenagers have received a sexual message online?
Data from the Department of Finance shows that 59,226 mortgages in arrears of 90 days plus have not been restructured, though this is down on 62,643 in September last year.
Deputy Stephen Donnelly appealed to the Finance Minister to allow families to bid for their own homes at market value.
The new fund will move people onto the mortgage to rent scheme for those who have unsustainable mortgages.
This amounts to more than half of the overall outstanding debt on these mortgages.
The Central Bank has confirmed that rescheduled mortgages are not subject to the same restrictions as credit union loans.
Under the 80:20 deferred payment initiative, buyers pay 80 per cent of the value up front with a valuation then carried out after five years.
An expert group on repossessions found that case management standards of different lenders varies greatly, “with some operating at sub-optimal level”.
Plus: Where did Michael Noonan rank out of Europe’s Finance Ministers in a Financial Times list?
The Department of Finance’s latest figures shows the number of accounts in arrears has fallen since October last year.
A Trinity College symposium suggested that housing finance and pension systems depresses young couples’ ability to form households and as a result has also depressed fertility rates in that country.
The mortgage arrears campaigner said he doesn’t think he could make any difference even if he won a seat in Europe.
The banks have been told by the Central Bank that sustainable solutions should be offered to customers.
Plus: What percentage unemployment rate does Taoiseach Enda Kenny want to see in 2016?
The Central Bank says that there is no “tangible evidence” that some customers’ circumstances are improving.
The Free Legal Advice Centre says that some of the legal solutions offered to people in mortgage distress are “inexplicable”.
Both transactions, made by Allied Irish Bank and Permanent TSB, were met with strong demand.
The bank acknowledge that it had “made serious misrepresentations to the public” over residential mortgage-backed securities.
The bank will attempt to defy a stagnant housing market by attracting new investors to a mortgage-backed security.
DDI had complained that LMFM had created the impression that Ben Gilroy had expressed anti-English sentiments at an abandoned distressed property auction.
ECB president Mario Draghi has cut the rate for the fifth time in two years.
The Irish Mortgage Holders Organisation said the new mortgage restructuring figures are concerning.
Anyone who goes through the mortgage arrears process but still ends up surrendering their home will be able to join the local authority housing waiting list. Good idea? Bad idea?