Home loan sales to vulture funds are ‘legitimate’

Senior Central Bank official Ed Sibley has strongly restated the regulator’s support for the sale by banks of their troubled mortgage loans to vulture funds.

Home loan sales to vulture funds are ‘legitimate’

By Eamon Quinn

Senior Central Bank official Ed Sibley has strongly restated the regulator’s support for the sale by banks of their troubled mortgage loans to vulture funds.

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