Waiting to go bang. The need for new forbearance. We have seen a new type of potential mortgage problem that hasn't shown up on the radar as of yet, it's with larger residential investo... Continue reading
Why make out that a phone call is a felony? I'm normally a fan of Stephen Donnelly's but have to wonder if there is some bias in his article this week. In looking at this from a ... Continue reading
Financing pre-63 properties We have covered pre-63 properties in the past and talked about how many of them have very strong cash-flows. The recent downside we've... Continue reading
Lifetime mortgages, SHIP, reversion loans explained A Lifetime Mortgage is a housing loan, but with no immediate repayments and the borrower can continue to live in their own home. This t... Continue reading
Handling Mortgage Arrears – Terminology Moratorium: The lender agrees to freeze the repayments on the mortgage account for a specified period, normally 3-6 months. The borrowe... Continue reading
Christmas opening times 2012 We will be closed from the 21st of December and re-opening from the 7th of January, we wish all of our customers (actually, we wish eve... Continue reading
The Real or Time Value of Money The time value of money is one of the cornerstones of the financial services industry and indeed the investment community. In relation... Continue reading
Slowdown in pace of increase in arrears is welcome, says IBF The Irish Banking Federation (IBF) and its members note from today’s Central Bank statistics on mortgage arrears that, as expected, the... Continue reading
The Thornhill Report The link to the Thornhill report is here, it is the founding document of our new property tax Continue reading