Search Results for 'Mortgage industry of the United States'

Commenting on the most recent Residential Mortgage Arrears and Repossessions from the Central Bank for Q1 2020, Brokers Ireland said while it is positive that long-term arrears are showing signs of improvement they are not what they should be and there is strong evidence of ‘extend and pretend’ particularly in relation to longer term arrears.

Commenting on the most recent Central Bank report on retail interest rates for May, Brokers Ireland said not only are Irish mortgage holders paying much higher interest rates than their euro area counterparts but Irish SMEs are being “absolutely fleeced” by comparison with their euro area businesses.

Requirements of applicants seeking a loan under the Rebuilding Ireland Home Loan scheme should be relaxed (RIHL) according to Tuam area councillor Karey McHugh Farag.

A loan of €10 million has been approved by the Galway County Council to purchase land for more social and affordable housing.

Commenting on recent Central Bank figures indicating a growth in net lending for mortgages, Brokers Ireland said such figures indicate the state of banking rather than charting what is actually happening with consumers.

So confident is Pat Fleming in making your mortgage application effective, he has trademarked the process as “Right first time”.

More than half (54 per cent) of mortgage holders have not repriced their mortgage protection cover in the last three years, according to findings from a recent survey of 1,000 adults by financial services firm, Clear Financial.

Mayo Fine Gael TD, Michelle Mulherin, this week called for representatives of county registrars to be invited before the Oireachtas Finance Committee to discuss how meaningful engagement by the banks can help resolve the current situation on mortgage arrears.

Ulster Bank has announced today that it will pay a €1,500 contribution towards new mortgage customer’s legal fees. The payment, which will be made following mortgage drawdown, is available to customers who have a mortgage offer issued between March 13 and June 13.

One hundred and thirty local authority mortgages are in arrears in Galway city, but a new €20 million fund could provide a way of allowing stretched families to stay in their homes.