Will EBS follow PTSB in selling non performing loans?

[mortgage2015]

I have a restructured EBS mortgage..... fell into arrears all sorted out now thankfully.

Is there any risk of EBS selling its non performing loans?

 

[Brendan Burgess]

Extremely unlikely.

The EBS/AIB percentage of non-performing loans is much lower than ptsb's.

If they have to sell loans, it will probably be bigger non-residential loans.

They might also sell some genuinely non-performing residential loans but not good restructured loans.

Brendan

 

[IdesofMarch]

If it is restructured and has been for awhile it will appear on balance sheet as (re)performing. This is what EBS want when EBS goes for sale. Possible buyers want a strong performing, re performing loan book, it makes a possible purchase more attractive to them.