Warning ‘warehoused mortgages’ is next crisis

Some €1.5bn worth of so-called “warehoused mortgages” — where some regular payments are agreed and the rest of the sum is parked to the end of the term — will become the next controversy involving Irish customers.

Warning ‘warehoused mortgages’ is next crisis

Pádraig Hoare

Some €1.5bn worth of so-called “warehoused mortgages” — where some regular payments are agreed and the rest of the sum is parked to the end of the term — will become the next controversy involving Irish customers.

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