6,500 Irish mortgages in arrears to be sold by Ulster Bank

Ulster Bank has announced it will be selling 6,500 Irish mortgages in arrears which have a face value of €1.6bn.

6,500 Irish mortgages in arrears to be sold by Ulster Bank

Ulster Bank has announced it will be selling 6,500 Irish mortgages in arrears which have a face value of €1.6bn.

Almost half of these, 3,600, are owner occupied-loans and another 2,900 are buy-to-let investor loans.

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