Covid-19 could lead to mortgage arrears similar to financial crisis

The NUIG study says four main retail banks are behind almost half of the cases taken against homeowners.

The NUIG study says four main retail banks are behind almost half of the cases taken against homeowners.

Covid-19 could see a new round of mortgage arrears similar to the fallout from the financial crisis.

That is the finding of a report that showed so-called vulture funds account for a third of home repossession cases before the courts.