Ireland walking blindfolded into a massive social crisis as 'tsunami of repossessions' beckons

The sale of mortgage loan books and the "cancer" of vulture funds means Ireland is walking blindfolded into a massive social crisis, a mortgage campaigner has said.

David Hall of the Irish Mortgage Holders Organisation told an Oireachtas Finance Committee that a "tsunami is coming" with 17,000 mortgage holders vulnerable to having their homes repossessed.