01 Nov Central Bank: solving the mortgage crisis by making it worse Yesterday was the proposed deadline for debt mediation firms to make their submissions to the Central Bank. The guidelines had only com... Continue reading
22 Oct What happens when you are in banks for a meeting… We often find ourselves (usually to our detriment) involved with meetings where a person brings us along to meet with the bank. Somethi... Continue reading
19 Aug Banking flim-flam, ‘We’ll huff and puff and may or may not blow your house down!’ The banks are constantly issuing threatening letters, we have posted many of them here. We have seen it all at this stage, couples in t... Continue reading
19 Aug What banking insiders think of what banks are going to do We got a comment on our site from an ex-banker who heard a radio segment where we were talking about banks and repossessions. We got in... Continue reading
19 Aug Defining ‘Strategic Default’ One of the things the whole strategic default issue lacks is any set definition. There are words that get used with motives embedded in... Continue reading
14 Aug More on pseudo-scientific-legalese from Kilkenny Something that was a strong point of (supposed) fact in the meeting at Kilkenny was that mortgage loans now are not called 'mortgage lo... Continue reading
09 Aug The ‘Kilkenny Trust’ that makes mortgage debt disappear There has been talk recently of a group based in Kilkenny who have a method for putting properties beyond the reach of banks. According... Continue reading