Banks: give you an umberella when its sunny and take it back when it rains Samuel Clemens (aka Tom Sawyer) brought us the quote which is the title of this post, 'banks give you an umbrella when its sunny out an... Continue reading
Save the best until last. Bank recapitalisation is looking more likely for several Irish players, however, an important precedent must be observed - we saved the... Continue reading
Regulatory distortion of the market, intervention required. The Financial Regulator has been under increased scrutiny and for that reason it is probably a good idea if they take steps to ensure a... Continue reading
Rent to Buy, why? I had dinner in early 2008 with a man who was a retired builder, he told me about the way he used to do business back in the 70's, and ... Continue reading
The day we all became state tenents It may be beyond bearing to think about what I am about to describe, but there is a possibility of everybody becoming a state tenant. ... Continue reading
Banks ARE lending, just not freely or irresponsibly I have read several articles in this week in our national papers and in them the authors said 'banks are not lending' and in one it wa... Continue reading
GO TO JAIL! Do not pass go, do not collect €200 million The talk of 'Economic Treason' and calling for the heads of every banker are sadly starting to gain more and more traction, all of this... Continue reading
Forensic Underwriting, when is it ‘too much’? Lenders will underwrite loans. That is part of the process, it is a natural and normal occurrence in finance, to underwrite, to ensure ... Continue reading
A Repossession Guide for Irish Homeowners We have written 'A Repossession Guide for Irish Homeowners' which you can download by clicking on the picture to the left. The guide... Continue reading
Understanding Deposit & Lending Margin relationships Part of the way you can get a view of a lenders margins is by looking at the deposit margins they offer because deposit margins usually... Continue reading