No Consent, No Sale bill 'should be no-brainer'

Protections for mortgage holders will dramatically diminish if the sales of non-performing loans to so-called "vulture funds" continues, campaigners have claimed.

No Consent, No Sale bill 'should be no-brainer'

Protections for mortgage holders will dramatically diminish if the sales of non-performing loans to so-called "vulture funds" continues, campaigners have claimed.

Members of the Free Legal Advice Centres (Flac) and the Irish Mortgage Holders Organisation (IMHO) were appearing before the Oireachtas Finance Committee, where they voiced support for the proposed No Consent, No Sale bill, which would prevent banks from selling customers' home loans without borrower approval.

You have reached your article limit. Already a subscriber? Sign in

Continue reading for €5

Unlock unlimited access and exclusive benefits

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited