CIF Comment On Central Bank Rule Changes

Following the review of mortgage measures announced by the Central Bank, CIF Director General, Tom Parlon, stated: “The CIF recognises that the Central Bank’s macro-prudential rules are part of a necessary regulatory framework within the Irish banking system. Today’s changes to the deposit rules may assist first-time buyers in securing mortgages. Providing mortgages to this […]

The Banking Inquiry – Ballyhea Says kNOw

by Diarmuid O Flynn A couple of weeks ago Ballyhea Says No led a delegation that included two TDs (Joan Collins and Catherine Murphy) and an MEP (Marian Harkin) to meet new Central Bank Governor Phillip Lane. We outlined for Mr Lane why, after almost a full five years, the Ballyhea campaign still persists, marches every […]

New Beginning Response to The Central Bank Figures on Mortgage Arrears

The figures released today by the Central Bank show the level of mortgage arrears continues to decrease. This is to be welcomed. New Beginning however notes with concern the following: Long term arrears continue to rise and now stand just short of 40,000 Up to 37% of all restructures (almost 45,000 cases) are short term […]