Brian Hayes, chief executive of the Banking and Payments Federation Ireland. Photograph: Alan Betson / The Irish Times

The departure of KBC Group from the Irish market, fresh on the heels of Ulster Bank, raises “fundamental questions” about the banking sector here and (...)

 The aim of the sale by AIB is to keep as many borrowers in their homes as possible. Photograph: Tom Honan

AIB has sold a portfolio of underperforming loans to an “ethical” investment consortium, the first such transaction undertaken by a lender in the Repu(...)

AIB is selling up to 650 distressed mortgages as a part of an ‘ethical’ loan sale, the first of its kind undertaken by a lender in the Republic. Photograph: Paul McErlane/Reuters

AIB is selling up to 650 distressed mortgages as a part “ethical” loan sale, the first of its kind undertaken by a lender in the Republic, in the comi(...)

David Hall, chief executive of the Irish Mortgage Holders Organisation: speaks of “incontrovertible proof that thousands upon thousands of Irish families may lose their homes”.   Photograph: Nick Bradshaw

Research from the Central Bank of Ireland detailing the elevated level of long-term mortgage arrears – a hangover from the 2008 crash – was seized upo(...)

An estimated 37,000 borrowers face having their loans classed as being in default following extended Covid-19 repayment breaks. Stock photograph: iStock

Banks calculate that two-thirds of those in long-term arrears on their mortgage repayments ultimately risk losing their homes, it has emerged. About(...)

A spokeswoman for Ulster Bank  said  no  customer who was entitled to a payment break, or a payment break extension, had it withdrawn from them. Photograph Nick Bradshaw

Ulster Bank wrongly told customers they were not entitled to Covid-19 mortgage payment break extensions after initially informing them that they had q(...)

Prevention is better that cure when it comes to mortgage approval.

Ireland’s biopharma industry has warned against protectionism and “self-sufficiency” when it comes to the production and distribution of medicines, an(...)

Tens of thousands of people face a difficult time ahead and many face losing their home.

When I was younger, I was taught that prevention was better than cure. This is something we as a country did not adhere to following the last recessio(...)

The deal sets out the rules of engagement between banks or funds and Mabs, when they are representing borrowers. Photograph: Aidan Crawley

New rules on how to resolve mortgage disputes have been agreed by the State-backed Money Advice and Budgeting Service (Mabs) and the Banking and Payme(...)

The move comes after an investigation by the regulator that concluded added charges only make it more difficult for borrowers who are in arrears to address the problem

Mortgage lenders can no longer impose legal fees and other charges on borrowers in arrears who are co-operating with their bank to resolve the issue. (...)

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