Permanent TSB urged to discount bad mortgages rather than sell to vulture funds

Update 5.54pm: The Chair of the Oireachtas Finance Committee says Permanent TSB should pass discounts on bad mortgages on to customers.

Permanent TSB urged to discount bad mortgages rather than sell to vulture funds

Update 5.54pm: The Chair of the Oireachtas Finance Committee says Permanent TSB should pass discounts on bad mortgages on to customers.

John McGuinness argues they could get more money from restructuring current deals rather than selling the loans to vulture funds.

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