#Vulture funds

#Vulture funds

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

<p>Some mortgages bought by vulture funds cannot arbitrarily have their rates increased as to do so would be contrary to the 1993 EU Directive on Unfair Terms in Consumer Contracts, says Edmund Honohan. Picture: Denis Minihane</p>

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Vulture fund interest rates may be unenforceable, says former High Court master

Edmund Honohan said that mortgage holders have two arguments against rate increases

<p>Jerry and Ita Murphy and their sons Diarmuid and Conor on their farm in Co Cork. The family’s solicitor says Everyday Finance is not engaging with them on the basis of a downsizing plan. <span class="contextmenu emphasis CaptionCredit">Picture: Denis Minihane</span>
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'How is this fair?' Cork farming family risks losing everything

<p>Tony Kenny and Joan McEneff of Now Trading Depot at Gladstone Street in Clonmel. Their business is under threat after AIB sold their mortgages to vulture fund Everyday Finance. Pictures: Eddie O'Hare</p>

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Couple locked out of their Clonmel store once locked in with a vulture fund

Vulture funds and non-banks now account for 16% of mortgage market — Central Bank

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Vulture funds and non-banks now account for 16% of mortgage market — Central Bank

Central Bank resistant to capping mortgage interest rates

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Central Bank resistant to capping mortgage interest rates

'We want to pay our way': O'Donovan's Hotel and their battle with Everyday Finance

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'We want to pay our way': O'Donovan's Hotel and their battle with Everyday Finance

Aoife is one of thousands of ‘mortgage prisoners’ from 2008 banking crisis

Aoife is one of thousands of ‘mortgage prisoners’ from 2008 banking crisis

Despite never missing a mortgage payment on her family home, the Kerry mother of three nonetheless finds herself at the mercy of a vulture fund, writes Special Correspondent Mick Clifford

Mon, 20 Mar, 2023