IFSRA refuses to ban 120% mortgages

The Irish Financial Services Regulatory Authority has rejected calls for it to impose a ban on 120% mortgages.

Wed, 27 Jul, 2005 - 15:04

The Irish Financial Services Regulatory Authority has rejected calls for it to impose a ban on 120% mortgages.

Such products are available in other countries and IFSRA said yesterday that it would not stand in the way of their introduction of Ireland.

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