KBC chief to apologise for comments on tracker mortgage scandal

KBC chief to apologise for comments on tracker mortgage scandal

Fianna Fail Spokesperson for Finance Michael McGrath TD has called on the KBC Group to apologise for comments on the tracker mortgage scandal.

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KBC will not challenge time limits on tracker mortgage complaints

KBC will not challenge time limits on tracker mortgage complaints

KBC Bank Ireland has confirmed that it will not challenge customer complaints in relation to the tracker mortgage scandal on the basis of time limits.

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Tracker Mortgage Scandal: Hundreds may find their complaints judged out of date

Tracker Mortgage Scandal: Hundreds may find their complaints judged out of date

The Financial Services Ombudsman has warned that hundreds of borrowers who believe they were affected by the tracker mortgage scandal may find their complaints judged out of date.

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Concerns raised about bank timelines for tracker mortgage scandal

Concerns raised about bank timelines for tracker mortgage scandal

The Financial Services Ombudsman, Ger Deering, has raised concerns that some banks are contesting his office's attempts to investigate complaints, claiming they fall outside a legal six-year time limit.

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Higher compensation granted in appeals of over 1,000 tracker mortgage cases

Higher compensation granted in appeals of over 1,000 tracker mortgage cases

Banks have been accused of short-changing tracker mortgage victims by at least €7m after it emerged financial institutions have paid additional money to more than 1,000 people after their initial compensation offers were appealed.

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99 people lost their homes over tracker misery

99 people lost their homes over tracker misery

The tracker mortgage scandal has shattered lives and inflicted “huge human suffering and cost”, according to the Minister for Finance.

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Central Bank: 'No amount of money can put right the wrong' tracker mortgage scandal did to victims

Central Bank: 'No amount of money can put right the wrong' tracker mortgage scandal did to victims

The Finance Minister Paschal Donohoe has said he "deeply regrets" that more than 300 people lost their homes because of the tracker mortgage controversy.

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 99 people lost homes as €683m paid out to those impacted by tracker mortgage scandal

99 people lost homes as €683m paid out to those impacted by tracker mortgage scandal

The Central Bank’s final report into the controversy shows just over 40,000 people were denied cheaper interest rates on their mortgage.

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Former Fine Gael MEP looking to help banks regain reputation

Former Fine Gael MEP looking to help banks regain reputation

Former Fine Gael MEP Brian Hayes has defended financial services in Ireland from what he called "bank-bashing" and groupthink".

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Permanent TSB fined €21m by Central Bank for role in tracker mortgage scandal

Permanent TSB fined €21m by Central Bank for role in tracker mortgage scandal

Permanent TSB has been fined €21m by the Central Bank of Ireland for regulatory breaches affecting tracker mortgage customers

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AIB 'should add 6,000 customers' to tracker mortgage bill

AIB 'should add 6,000 customers' to tracker mortgage bill

A mortgage rights campaigner has called on the newly-appointed AIB chief executive to add 6,000 customers to its tracker mortgage redress and compensation scheme.

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Tracker mortgages scandal - We never learn

Tracker mortgages scandal - We never learn

It must be a relief, even if a belated, inadequate one, for the thousands of individuals or families deliberately ensnared by the banks in the tracker mortgage scandal that lenders have paid €647m in refunds or compensation to customers caught up in the swizz, which goes back more than a decade.

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Calls for bankers to be held to account for €1bn tracker scandal

Calls for bankers to be held to account for €1bn tracker scandal

Consumer advocates and politicians have stepped up their calls for individual bankers to be held to account for the €1bn tracker mortgage scandal, which involves around 40,000 cases.

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Further 1,400 homeowners affected by tracker mortgage scandal as revealed €647m paid out so far in redress

Further 1,400 homeowners affected by tracker mortgage scandal as revealed €647m paid out so far in redress

€647 million has so far been paid out in redress and compensation as a result of the tracker mortgage scandal.

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Tracker mortgage scandal numbers stands at almost 40,000

Tracker mortgage scandal numbers stands at almost 40,000

An extra 1,400 customers affected by the tracker mortgage scandal have been identified by the Central Bank, bringing the current count to just under 40,000.

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Latest: Minister says banks 'unable to feel pain or conscience' amid track mortgage scandal

Latest: Minister says banks 'unable to feel pain or conscience' amid track mortgage scandal

Update 9.45: The Transport Minister says the Irish banks are unable to feel pain and unable to feel conscience despite the tracker mortgage scandal.

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More than 3,000 still unpaid in tracker fallout

More than 3,000 still unpaid in tracker fallout

About 3,200 customers affected by the tracker mortgage scandal have still not received redress and compensation almost three years after a Central Bank examination into the scandal began.

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Behaviour of banks in mortgage scandal ‘remnant of banking crisis’

Behaviour of banks in mortgage scandal ‘remnant of banking crisis’

Central Bank governor Philip Lane appeared before the Joint Oireachtas Finance Committee.

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Numbers hit by tracker mortgage scandal rise to 38,400

Numbers hit by tracker mortgage scandal rise to 38,400

The numbers affected by the tracker mortgage scandal have risen yet again to 38,400, the Central Bank governor Philip Lane will reveal today.

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Views of public sought on culture of Irish banking

Views of public sought on culture of Irish banking

A body to be set up in the wake of the €1bn tracker mortgage scandal and a decade after the financial crash has asked for the public’s submissions on the culture of banks.

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Bank of Ireland customers affected by tracker mortgage scandal to get up to €137m in total

Bank of Ireland customers affected by tracker mortgage scandal to get up to €137m in total

Bank of Ireland is set to fork out more than €137m in compensation to those affected by the tracker mortgage scandal.

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Scandal focus on 4,000 tracker cases

Scandal focus on 4,000 tracker cases

The financial adviser who did the hard spade work from 2009 uncovering the industry-wide tracker mortgage scandal says the tally of wronged customers will reach over 40,000 but that only a fraction of the €1bn-plus cost will go to wronged customers.

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Central Bank identifies another 3,400 tracker mortgage accounts hit by scandal

Central Bank identifies another 3,400 tracker mortgage accounts hit by scandal

A further 3,400 customers have been identified who had their tracker mortgages wrongly removed or were overcharged by their banks.

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Number of people losing homes over tracker scandal may double

Number of people losing homes over tracker scandal may double

The number of people identified as losing their homes as a result of the tracker mortgage scandal could double in the coming months it has been claimed.

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2,500 KBC tracker customers on wrong rate

2,500 KBC tracker customers on wrong rate

Nearly 2,500 tracker mortgage customers of KBC Ireland remain on the wrong rate since the €1bn scandal was uncovered, its chief executive has said.

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Committee says there must be cash write-offs on distressed mortgages

Committee says there must be cash write-offs on distressed mortgages

Banks need to write off the debt from distressed mortgages, according to the Chair of the Oireachtas Finance Committee.

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Ulster Bank CEO absence blasted at hearing

Ulster Bank CEO absence blasted at hearing

Ulster Bank has come under a barrage of criticism after the “unprecedented” decision of outgoing chief executive Gerry Mallon not to turn up at an Oireachtas Finance Committee investigating the lender’s part in the €1bn tracker mortgage scandal.

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Latest: Ulster Bank denies it broke the law over the tracker mortgage scandal

Latest: Ulster Bank denies it broke the law over the tracker mortgage scandal

Latest: Ulster Bank denies it broke the law over the tracker mortgage scandal.

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14 homes lost over Bank of Ireland role in tracker scandal

14 homes lost over Bank of Ireland role in tracker scandal

Some 14 customers have lost their homes because of Bank of Ireland’s role in the tracker mortgage scandal, its chief executive has revealed.

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Half of Bank of Ireland's tracker scandal customers have not yet received compensation

Half of Bank of Ireland's tracker scandal customers have not yet received compensation

Almost half of Bank of Ireland customers ripped-off by the lender over the tracker mortgage scandal have yet to be compensated or get redress

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AIB signals tracker scandal cost capped

AIB signals tracker scandal cost capped

AIB seems to have capped its part of the bill for the industry-wide mortgage tracker scandal. It is unlikely to add significantly to the €190m provision set aside two years ago.

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KBC announce provision of €54.5m to deal with tracker mortgage scandal

KBC announce provision of €54.5m to deal with tracker mortgage scandal

KBC Bank has announced that a provision of €54.5m has been set aside to deal with the tracker mortgage scandal.

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Bank of Ireland issues apology; reveals 6,000 more customers included in tracker mortgage error

Bank of Ireland issues apology; reveals 6,000 more customers included in tracker mortgage error

Latest: Opposition finance spokespeople have issued statements criticising the news that another 6,000 Bank of Ireland customers were wrongly denied a lower cost tracker mortgage.

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Finance Minister focusing on compensating those affected by track mortgage scandal

Finance Minister focusing on compensating those affected by track mortgage scandal

The Minister for Finance says he can envisage more of the banks involved in the tracker controversy receiving multi-million euro fines.

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Latest: People's trust in banks 'deeply shattered', says Tánaiste

Latest: People's trust in banks 'deeply shattered', says Tánaiste

Latest: The tracker mortgage scandal has brought heartbreak to countless Irish families and shattered people's trust in the country's banks, the Tánaiste has said.

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Finance Minister gives 'disgraceful' banks deadline to recompense tracker customers

Finance Minister gives 'disgraceful' banks deadline to recompense tracker customers

Approximately 12,000 people affected by the tracker mortgage scandal will be paid back by Christmas, Finance Minister Paschal Donohoe has said.

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Latest: Here's how the banks plan to address the tracker mortgage issue

Latest: Here's how the banks plan to address the tracker mortgage issue

Latest: The banks are releasing statements following their meetings with Minister for Finance Paschal Donohoe.

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Latest: Paschal Donohoe not satisfied with what he has heard from banks on tracker scandal

Latest: Paschal Donohoe not satisfied with what he has heard from banks on tracker scandal

Latest: : The Minister for Finance says he is not satisfied with what he has heard from the five banks he met over the last two days on the tracker mortgage scandal.

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Latest: Permanent TSB aiming to compensate victims of tracker mortgage scandal by Christmas

Latest: Permanent TSB aiming to compensate victims of tracker mortgage scandal by Christmas

LATEST: The CEO of Permanent TSB today stated his desire to see people wrongly taken off tracker mortgages compensated by Christmas.

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Judge reveals €17,000 tracker overcharging 'to give heart to others'

Judge reveals €17,000 tracker overcharging 'to give heart to others'

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.

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Minister for Finance to meet three bank executives over tracker mortgage scandal

Minister for Finance to meet three bank executives over tracker mortgage scandal

The Minister for Finance Paschal Donohoe will meet the executives of three banks across the course of today about the tracker mortgage scandal.

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