newsSale of over 10,000 Permanent TSB loans to go aheadThe sale of over 10,000 PTSB non-performing loans to a vulture fund will go ahead as planned.
newsPTSB loan sale ‘a horrible day for mortgage holders’: HallPermanent TSB’s sale of family home loans to Lone Star is a disaster, according to the Irish Mortgage Holders Organisation (IMHO) who called on the Government to provide alternative solutions to mortgages in long-term arrears.
business‘Messy’ outcome to Permanent TSB loans planPermanent TSB may seek to securitise the €900m in so-called split mortgages it has decided to strip out from its distressed mortgage sales plan, marking “a very messy” and potentially costly outcome to a sales process mired in political controversy, said Owen Callan, a senior analyst at Investec Ireland.