Irish Mirror campaigns to stop "scandal of banks selling mortgages to vulture funds"

[PatrickJ]

https://www.irishmirror.ie/news/irish-news/permanent-tsb-mortgage-scandal-bank-13053549

As shocking details of the Permanent TSB scandal emerges, Sinn Fein’s Jonathan O’Brien said he can’t believe the depths to which the bailed-out lender has sunk.


And mortgage campaigner David Hall, who met bank executives yesterday, revealed it is determined to offload the accounts to vultures and has no interest in saving customers – even those who are paying loans.


Today the Irish Daily Mirror begins a campaign to stop PTSB and other banks from selling off up to 42,000 mortgages to vulture funds in a move which could result in mass evictions.

 

[Brendan Burgess]

 

[Sarenco]

The latest tweet from David Hall;

"Please banks or vultures come and debate me and stop sending out selectively briefed mouthpieces whom you have pumped full of selective info. You know the truth ."

I wonder who is he referring to?

 

[RedOnion]

tweet from David Hall

First a link to the Mirror, and then quotes from David Halls Twitter feed.... What's becoming of AAM?

 

[Delboy]

He's embarrassing himself at this stage but doesn't care. He's got the media eating out of his hands and is earning a few quid too from this

 

[Sarenco]

As an aside, I've always thought that David Hall's operation (Irish Mortgage Holders Organisation) is very poorly named.

A mortgage holder is the entity that owns the right to receive payments under a mortgage loan and is the party entitled to enforce the terms of the associated mortgage (i.e. the security interest over the relevant property). However, from what I can gather Mr Hall actually advocates on behalf of defaulting borrowers against the interests of mortgage holders.

It's all very confusing.