What will come of it all? Eurobonds? Probably not… If you look at the dynamic of the crisis to date you see the following flow (broadly but not exactly) 1. Sub-prime mortgages in the US... Continue reading
Mortgage Debt for Equity swaps A popular idea that has been discussed in the past (and if Niamh Hennessy's article proves correct may become working reality) is that ... Continue reading
Repay Bond holders in full (with mortgages) You can't hope for isolated solutions in world where everything is bound together, which is the foundation for taking a more pragmatic ... Continue reading
PTsb Overpayment form & is it good value? There has been some coverage of people saying that the PTsb offer of a discount for overpayment is not good value, that the bonus shoul... Continue reading
News of the World: Money expert on Debt IRELAND is in payback mode at the moment. As a country we’re experiencing “deleveraging”, which means that many people are using most o... Continue reading
Mortgage Rescue Schemes, failed policy. Internationally mortgage rescue schemes have been an abject failure from the perspective of using the success of their mission statemen... Continue reading
Debt forgiveness & Writedowns, one in the same? Below is a comment made by the Regulator at UCC while talking to a group of compliance officers. “Reform of the bankruptcy regime co... Continue reading