Mortgage holders need protection from vulture funds, warns FF

Fianna Fáil has has warned that mortgage holders who have had their debts sold on to unregulated lenders, are not protected by a Code of Conduct.

Fianna Fáil has warned that mortgage holders who have had their debts sold on to unregulated lenders, are not protected by a Code of Conduct.

The party's Finance Spokesman Michael McGrath said that the fact that these lenders are "voluntarily" complying to the code does not give mortgage holders enough security.