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.

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