Bring vulture funds into line, Fianna Fáil says

He said he was "using the good offices of John McGuinness (Fianna Fáil TD. of the oireachtas finance committee, says the bill proposed by Mr Honohan would make Ireland less attractive to vulture.

A proposed new law will protect mortgage holders from so-called vulture funds, the Taoiseach has claimed. Leo Varadkar said legislation was currently being enacted to ensure those repaying mortgages to investment funds will have exactly the same consumer protections as those with loans from a bank.

There were multiple reasons why this current momentum could “go into reverse”, Mr Lane. committee chairman John McGuinness and Fianna Fáil’s Michael McGrath on the issue of regulating so-called.

Fianna Fil Spokesperson on Finance Michael McGrath TD says a Fianna Fil private members’ Bill, which will bring so called ‘vulture funds’ within the full suite of Central Bank regulation, is needed more than ever, following a ramping up in recent times of loan sales by banks to foreign owned private equity funds.

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Permanent TSB has entered into an. of the so-called vulture fund, Lone Star. Pepper says the securitisation brings the total loan asset value of new servicing mandates secured by Pepper Ireland in.

Ireland’s overstretched banks are in even worse shape than previously thought and need an additional infusion of $34 billion to bring them back to robust. threw out the longtime ruling party,

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A Bill to create a so-called "friendly vulture fund" will be brought to the Fianna Fil parliamentary party at its meeting on Wednesday. Carlow-Kilkenny TD John McGuinness will present the.

The Government should show far more caution in spending public funds in light of Britain’s move towards a so-called “hard” exit from the European Union, Fianna Fáil. to the nation to say this is a.

Varadkar says he’s reluctant to use the term ‘vulture fund’ to describe firms that have bought up Irish mortgages Varadkar says he tried to remove split mortgage-holders from recent loan book.

And it is gleefully championed by an Irish Government, led by Fine Gael and backed by Fianna Fail. into the coffers of vultures. This is the mark of a broken economy. What self-respecting.

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