PUT AS MUCH PRESSURE AS POSSIBLE ON THE GOVERNMENT AND BANKS, OPERATING UNDER LICENCE HERE IN IRELAND, TO PROHIBIT ANY FURTHER SALES OF DISTRESSED LOANS & MORTGAGES TO THE VULTURE FUNDS
Why is this important?
TENS OF THOUSANDS OF DISTRESSED BORROWERS ARE CURRENTLY AFFECTED WITH A FURTHER 100,000-PLUS COMING DOWN THE TRACKS, NOW BEING DESCRIBED BY THE CENTRAL BANK AS NPE’S (NON-PERFORMING EXPOSURES)