AIB and other banks face new political scrutiny over landlord mortgage sales

Legislators will significantly increase their oversight of bankers’ plans to sell buy-to-let loans (BTL) as part of a wider legislative push to protect tenants from homelessness when their properties are sold by banks to vulture funds, Fianna Fáil finance spokesperson Michael McGrath has said.

By Eamon Quinn, Business Editor

Legislators will significantly increase their oversight of bankers’ plans to sell buy-to-let loans (BTL) as part of a wider legislative push to protect tenants from homelessness when their properties are sold by banks to vulture funds, Fianna Fáil finance spokesperson Michael McGrath (pictured) has said.