Fine Gael throws vulnerable families to the Vultures!

venusian

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In a despicable act typical of the protege of the family hone tax rapist Noonan, Minister of Finance Paschal Donohoe has allowed the 75% state owned PTSB to throw families to the wolves, or in this case "Vulture Funds" by allowing the banksters to sell of 20,000 mortgages of homeowners to Vulture funds that are unregulated by the Central Bank.

Fine Gael are the most debased rotten excuse of a party that has once again shown its true colours in putting its bankster mates first whilst shafting everyone else. Expect more banks to follow PTSB in the coming weeks. The crocodile tears of Fine Gaels partners in crime the FFer's is sickening beyond belief. Time to dump them from government.




https://www.independent.ie/business/personal-finance/property-mortgages/ptsb-is-only-the-first-government-urged-to-protect-family-homes-as-bank-sells-20000-mortgages-of-struggling-homeowners-36607249.html

The government has been urged to intervene immediately and protect family homes and farms after Permanent TSB sold 20,000 mortgages linked to struggling homeowners. Fianna Fáil public expenditure spokesperson Dara Calleary said the time for the government to act was now to prevent families affected by the sell-off being left vulnerable and at the mercy of vulture funds.He warned this was only the first step and that the move by the nationalised Permanent TSB will be repeated by other banks in the sector.
 


carlovian

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It’s been the same for tenants ever since 2008. No protection when the banks move on a buy to let.

The government have adopted a save the banks, save the economy policy.

This latest move is just part of this.
 

Dame_Enda

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They are not listening. Time for water type protests.
 

Lúidín

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Wasn't there talk of a united, water-style movement on homelessness?
 

Fritzbox

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The government has been urged to intervene immediately and protect family homes and farms after Permanent TSB sold 20,000 mortgages linked to struggling homeowners.
Only 20,000 - could have been worse?
 

Mushroom

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Be cause the people don't have a enough money to pay the mortgage.
"It is understood that the PTSB owner-occupier portfolio contains some extreme cases where borrowers in default have not engaged with the lender for up to seven years, and where others have re-defaulted on restructuring agreements."

Exactly the kind of parasites that Venerial & his fellow gobdaws love to slobber all over.
 

venusian

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Be cause the people don't have a enough money to pay the mortgage.
Because the major debt write downs in ordinary decent tax payers money given to the gangster banks to bail them out and keep the golden circle going was never given to the banksters mortgage holder victims.
 

Ardillaun

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"It is understood that the PTSB owner-occupier portfolio contains some extreme cases where borrowers in default have not engaged with the lender for up to seven years, and where others have re-defaulted on restructuring agreements."

.
How many renters can carry on like this?
 

Fritzbox

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"It is understood that the PTSB owner-occupier portfolio contains some extreme cases where borrowers in default have not engaged with the lender for up to seven years, and where others have re-defaulted on restructuring agreements."

Exactly the kind of parasites that Venerial & his fellow gobdaws love to slobber all over.
So a free house in Ireland to live in for 7 years - WTF am I doing here in Germany ?

Because the major debt write downs in ordinary decent tax payers money given to the gangster banks to bail them out and keep the golden circle going was never given to the banksters mortgage holder victims.
Oh sure, bailing out the banks was another scandalous use of taxpayers money - but what do you suggest we do with people who haven't paid a dime in seven years?
 
Last edited:

venusian

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"It is understood that the PTSB owner-occupier portfolio contains some extreme cases where borrowers in default have not engaged with the lender for up to seven years, and where others have re-defaulted on restructuring agreements."

Exactly the kind of parasites that Venerial & his fellow gobdaws love to slobber all over.
Fine Gael still feeding you fraperoom propaganda bull$hit that you willingly eat mushroom:) n.b. "some extreme cases" how many? 1 or 2? Of course Fg supporters up to their neck in $hit are happy to see families thrown to Vulture funds that are not regulated by the Central bank and pay no tax either.
 

stanley

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It’s been the same for tenants ever since 2008. No protection when the banks move on a buy to let.

The government have adopted a save the banks, save the economy policy.

This latest move is just part of this.


Presume you mean the FF Govt that led us all to this crisis and got the Troika in.
 

Barroso

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Oct 1, 2011
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Wasn't there talk of a united, water-style movement on homelessness?
Withholding rent is the way to deal with evictions & ever increasing rents.

There was a golden opportunity there a bit over a year ago when a block was sold and all the inhabitants were told to leave.

If PBP had been on the ball at the time, they could have got the ball rolling.

Maybe they'll organise the tenants in the next block to be evicted.
 

RasherHash

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Shay
@Shay69748168
·
22h
Jonathan has Tried to Bring out the TRUTH about our Banks, Unfortunately Ministers MADE SURE IT DID NOT HAPPEN.


Jonathan Sugarman
@WhistleIRL
#BankingInquiry was "grievously incomplete” without hearing evidence from #JonathanSugarman - said t person who blew t whistle on t Banking Inquiry itself!
See @VillageMagIRE:
(link: https://villagemagazine.ie/index.php/2016/01/cover-up-upon-cover-up/) villagemagazine.ie/index.php/2016…
 


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