Paschal Donohoe in plan to regulate vulture funds

Finance Minister Paschal Donohoe is expected to bring proposals to regulate vulture funds who buy up mortgages to Cabinet this week.

With Permanent TSB set to sell 18,000 loans in the coming months, the Government has come under intense pressure to address the unregulated funds.

Ulster Bank has also indicated its intention to sell up to 7,000 loans.