A new scheme ARIZUN STAY IN YOUR HOME
https://www.independent.ie/business...s-back-to-families-hit-by-debts-37739869.html
https://www.independent.ie/business...or-those-at-risk-of-losing-home-37739829.html
At least this one doesn't cost the taxpayer anything. They mentioned on the radio today that this might be a better option for banks then selling to vulture funds.
I guess with a wallet as big as Arizun has to buy three thousand homes that Arizun will negotiate to buy with some of the debt written off. After all the bank would only get the value of the property less costs.
https://www.independent.ie/business...s-back-to-families-hit-by-debts-37739869.html
https://www.independent.ie/business...or-those-at-risk-of-losing-home-37739829.html
At least this one doesn't cost the taxpayer anything. They mentioned on the radio today that this might be a better option for banks then selling to vulture funds.
I guess with a wallet as big as Arizun has to buy three thousand homes that Arizun will negotiate to buy with some of the debt written off. After all the bank would only get the value of the property less costs.