Paschal Donohoe throws homeowners to the vulture funds

RasherHash

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Jan 16, 2013
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If it's their home it shouldn't matter, iac 1 million plus is not that much these days depending on location.

It should be worked out with them but the banks we bailed out at huge expense shouldn't be allowed to sell on mortgages to pirates.
 


muttsnuts

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Dec 29, 2018
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It should be worked out with them but the banks we bailed out at huge expense shouldn't be allowed to sell on mortgages to pirates.
If banks are under pressure to reduce non performing loans but cannot enforce their security....then the path of least resistance will apply. They will sell those bad loans off. If you make it more economically viable to proceed through the courts than sell the loans then you won't have vulture funds. But of course, making court orders against defaulters easier to get is political suicide
 

Round tower

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Feb 9, 2011
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If it's their home it shouldn't matter, iac 1 million plus is not that much these days depending on location.

It should be worked out with them but the banks we bailed out at huge expense shouldn't be allowed to sell on mortgages to pirates.
If they borrowed the money to buy the house and they did not pay back a cent on the mortgage so it's not their home.
So do u believe that people who used earnings from crime should be able to keep their homes and not be taken by CAB.
 

james toney

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Dec 9, 2009
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16,176
But what else would anyone expect from the likes of Donohoe? Just remember the in-action he took against his bankster mates vis-a-vis the tracker mortgage scandal, instead of sending in CAB and ensuring prosecutions of the thieving barstewards, Donohoe said he would" admonish" them :mad:
Has anyone been jailed for this massive fraud yet?

 


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