Permanent 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.
Thu, 17 May, 2018
With the housing crisis in Ireland and elsewhere across western society set to remain one of the major social issues of the early 21st century, the time to redefine the meaning of ‘home’ is clearly at hand.
Mon, 26 Jun, 2017
Fri, 30 Sep, 2016
No doubt, it is only coincidental that no sooner had Fianna Fáil resurrected a bill that would give powers to the Central Bank to impose ceilings on mortgage interest levels that AIB announced it would be reducing its mortgage variable rate from July.
Thu, 12 May, 2016
Thu, 03 Dec, 2015
Irish banks have made progress, but the costs of servicing their high-level of non-performing loans will likely not fall as quickly as they hope, despite the strong recovery, outgoing Central Bank governor Patrick Honohan said yesterday.
Wed, 18 Nov, 2015
Tue, 10 Nov, 2015