Almost three quarters of people at risk of losing their homes in repossession cases did not have any legal representation when the case was before the court, according to a new study.

Borrowers ripped off by the tracker mortgage scandal have been paid up to an average €45,000 in compensation and redress, new figures show.

The final bill for the tracker mortgage scandal could top €1bn and affect up to 40,000 customers, according to an advocate who has fought the banks for the last eight years.

A district court judge has likened the tracker mortgage scandal to “bank robberies” and revealed that he, too, was overcharged by his bank to the tune of €17,000.

There is an urgent need to defend and vindicate the rights of our citizens against a small number of corporations which at this stage are quite clearly out of control, writes James McNulty.

A “radical culture change” is needed if customer trust in the banks is to be repaired and restored, according to the deputy governor of the Central Bank.

To those who played a role and were responsible for this scandal, you are probably unmoved by my outrage, writes Daniel McConnell.

The head of the Central Bank says it has been pushed to the “limits” of its powers in trying to force banks to compensate and address people ripped off from the tracker mortgage scandal. 

Latest: Just 40 out of 3,500 Ulster Bank customers have been compensated after being caught up in the tracker mortgage scandal while more people have lost their homes than previously thought, the bank's leadership have admitted.

Here's your morning bulletin.

Banks in Ireland had sought since 2009 to play down the tracker mortgage scandal which has had a “catastrophic” effect on customers, an expert in tracker mortgages has alleged at the Oireachtas Finance Committee.