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Some "Recovery";- 284,701 Mortgages are Impaired, as notice given to 200 Families In Tyrrelstown

Dublin 4

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For all you Number Crunchers the Data is here but I don't know how to post Tables :confused:

https://www.centralbank.ie/polstats/stats/mortgagearrears/Documents/2015q4_ie_mortgage_arrears_statistics.pdf

Figures break down as follows;-

Principal Dwellings: Arrears 88,292 Restructured 120,739

Buy to Lets: Arrears 28,760 Restructured 27,209

Non Bank Held Arrears for Principal Dwellings 19,701


Central Bank provided No Data for Non Bank Held Principal Dwelling Restructures or Buy to Let Arrears & Restructures.

We're also relying on Banks Telling the Truth here which I personally know that they aren't & we've seen from the Form Books that generally- they can't!

Could this happen to Strategic Defaulters & those who don't communicate with their Bank?

Ulster Bank to sell up to €6bn in SME loans to vultures in weeks




Future of hundreds of small businesses and farmers hangs in the balance

The future of hundreds of small businesses and farmers is hanging in the balance as Ulster Bank prepares the ground for a multibillion euro loan sale.

The RBS-owned lender confirmed that it is eyeing the sale of a book of toxic debts connected to hundreds of borrowers and worth billions of euro.

Market sources said that the face value of the loans could be as high as €6 billion, representing the bulk of the lender’s bad loans in Ireland.
http://www.businesspost.ie/ulster-bank-to-sell-up-to-e6bn-in-sme-loans-to-vultures-in-weeks/

Political Gridlock gives all the Parties the chance to back off & let Banks purge insolvency without any Party getting real blame.

I wonder what David Hall's angle is on this or is he back Directing his Casino & Card Club in Fitzwilliam St... :rolleyes:

Dr Tom O'Connor‏

@justeconomics
Nearly 6,000 people living in emergency accomodation http://shr.gs/CrHzB1B



Remember Muttherfux- if ya don't feel the "Recovery" yer a "Whinger"... :confused:
 

Belgrade

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Vulture fund capital, its all about profit and screw the social implications.
 
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Dublin 4

Dublin 4

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From the Link;-

There has been an increase of 31 per cent in the number of cases where a rent receiver was appointed reversing a sharp decline in the previous quarter.

 

Ren84

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Dublin 4

Dublin 4

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Before



After


Know your Limitations Muttherfux- the Crisis is bigger than all of us... ;)

 
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Dublin 4

Dublin 4

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The worst part of all this is the convergence of Gridlock & Record Homelessness.

As I said- some "Recovery"...
 

Mrscross

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FALLING mortgage arrears, fastest growing economy in Europe. We're DOOMED!!!! :D
Did you not see the thread that explained the recovery was a falsehood?
 
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