It seems there's a chance you might find out:
https://www.irishtimes.com/business...eveal-price-they-paid-for-mortgages-1.3413133
https://www.irishtimes.com/business...eveal-price-they-paid-for-mortgages-1.3413133
Well at least you might find out the discount at which your mortgage was bought
Open Air, you can find out the overall discount a fund bought the loan portfolio for, it is usually corresponded on by the FT or Reuters or some other agency.
Do you have an example? I thought this was generally a very closely guarded secret.
I'm inclined to agree with those who've said it's unlikely to enable individuals to discover the discount applied, as the sale transaction is of a bundle. However, it would be interesting if someone did make a request for all personal data held about them by a vulture fund (has anyone here done that?). It would be hard to believe that there isn't a figure held with each account showing the cost of that loan to the fund; it's equally hard to believe any fund would actually release that figure with all the other information held about a person.
Yes , they announced this on the date mentioned above, however I believe the loans were sold at a greater discount than the 58% discount as published/announced!I would not take it as gospel as what Lloyds would state to the stock market! Also at a meeting with this crowd....they stumbled when answering my questions re the purchased discounted amount! and further stated that each loan was discounted on an individual basis? i.e one loan maybe 40% discount and another more than 58%....etc etc
I always argued the point in court re the amount they demanded! i.e I always stated that I would pay them what they actually paid for the loan!+ an agreed % return! I suggested to the court that the when they wanted the arrears I stated I am not in any arrears with the fund as I have not missed any payments! and payed the total amount that was due over the period since they purchased the loan/charge!
I have recently made a full data request that includes all documentation to include purchase price, etc etc
it' not in any contract I have red.nore did my legal representative explain this catastrophic possibility that my loan might be sold to a vultcher fund! whether in arrears or not in arrears.
Hi newtothis , i dont see that standerd term in my contract . And what about the data infringement? in relation to passing on all your personal information. Without your consent , thats not In the contract .