Q. How does the scheme work?
The State’s largest private ambulance service owned by mortgage advocate David Hall last year returned to profit.
Potential Government plans to keep struggling mortgage holders in their homes by bailing them out with taxpayers’ money have been criticised by the opposition for effectively letting banks “off the hook”.
If a growth in repossessions by the banks is not halted, it could spell real political trouble, according to Kyran Fitzgerald. Revenue is the biggest elephant in the room. It should be compelled to participate
A mortgage expert has said the Insolvency Service of Ireland has "failed" and called for an overhaul of how insolvency is managed.
Leading Irish banks are intentionally manipulating the property market to improve their financial positions ahead of planned stress tests by the European Central Bank later this year.
A woman said she “panicked” and hid a bank’s repossession letter from her husband, as experts warned that families in mortgage arrears they can no longer ignore the problems as this will be “the year of the repossessions”.
Figures from the Department of Finance show that the number of mortgages in arrears of more than 90 days has declined to just under 79,500.
The IMF expects Ireland to meet the agreed budget targets over the next two years and reduce the deficit to below 3% by 2015, according to mission chief Craig Beaumont.
Blocking the sale of repossessed homes will only prolong the problems for indebted borrowers and does not serve society as a whole, according to the Finance Minister Michael Noonan.
Homeowners are being warned that collection of the new Local Property Tax will be strictly enforced and that any unpaid taxes, plus late payment interest, will have to cleared before their property can be legally sold or transferred.
Tuesday, September 29, 2020 - 7:00 AM
Tuesday, September 29, 2020 - 9:00 AM
Monday, September 28, 2020 - 7:00 PM