Michael Mcgrath

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Fianna Fail finance spokesperson, Michael McGrath. Photograph: Alan Betson / The Irish Times

The problem in dealing with the issue of residential mortgage loans possibly being sold to vulture funds is that it is not clear what the exact proble(...)

Permanent TSB: about 28 per cent of its mortgage loans are classed as nonperforming. Photograph: Bryan O’Brien

Damned if they do and damned if they don’t. That’s the way Irish banks view the furore about their planned sales of nonperforming mortgage loans – abo(...)

 Fianna Fáil’s John Curran, Michael McGrath, John Lahart and Senator Catherine Ardagh at Leinster House on Tuesday. Photograph: Dara Mac Dónaill

Fianna Fáil has insisted the Government has to accept “vulture funds” must be regulated before any sale of billions of euro worth of mortgages by Perm(...)

Minister for Finance Paschal Donohoe is to meet with Fianna Fáil this week as the main Opposition party demands that so called “vulture funds” lining (...)

Irish Water’s lack of supply capacity has hampered plans for a large scale development of over 400 homes by Ireland’s largest housebuilder in Maynooth(...)

Fianna Fáil finance spokesman Michael McGrath, who says there is a “real gap in consumer protection currently because those making the decisions are beyond the reach of the Central Bank”. Photograph: Alan Betson

The sell-off of loans by Irish banks shouldn’t go ahead, Fianna Fáil has said as it gears up to introduce a Bill requiring the regulation of vulture f(...)

Fianna Fáil Spokesperson on Finance Michael McGrath: the party is seeking that vulture funds buying the loans will have to be fully regulated by the Central Bank

Mortgage plans Plans to offload tens of thousands of mortgages by a number of Irish banks are in jeopardy, according to the Sunday Business Post, as (...)

Fianna Fáil TDs Dara Calleary and Michael McGrath raised concerns about banks selling non-performing loans in the Dáil on Thursday. Photograph: Brenda Fitzsimons/The Irish Times.

The banks have been accused of looking to “outsource their dirty work” by selling non-performing home loans. Fianna Fáil finance spokesman Michael M(...)

Permanent TSB had the highest level of non-performing loans in the Republic last June, at 28 per cent.  Photograph: Bryan O’Brien

Permanent TSB has put as much as €4 billion of non-performing mortgages up for sale under its so-called Project Glas portfolio, triple the amount prev(...)

Some 33 customers of KBC Bank lost a property as a result of being denied a tracker mortgage. Photograph: Bryan O’Brien

The Central Bank will assess the culture and behaviour of the Republic’s five main lenders as requested by the Minister for Finance following the tra(...)

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