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.

Paschal Donohoe in plan to regulate vulture funds
Mon, 26 Feb, 2018 - 00:00
Elaine Loughlin and Padraig Hoare

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.

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CourtsMortgage arrears worryPerson: Paschal DonohoePerson: Finance MinisterPerson: DonohoePerson: John McGuinnessPerson: Justice MinisterPerson: Charlie FlanaganPerson: FlanaganPerson: MinisterPerson: TDPerson: Jim O’CallaghanPerson: Donnchadh Ó LaoghairePerson: McGuinnessPerson: CEOPerson: Gerry MallonPerson: David HallPerson: MallonOrganisation: Permanent TSBOrganisation: Ulster BankOrganisation: Fianna FáilOrganisation: PTSBOrganisation: DáilOrganisation: Oireachtas finance committeeOrganisation: Sinn FéinOrganisation: PSTBOrganisation: RTÉOrganisation: Finance CommitteeOrganisation: Oireachtas
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