Mortgage Distress

5 Items

Government assurance on Permanent TSB loan sale is no comfort – Crowe

by Seán Crowe TD

Dublin South West TD, Seán Crowe, has described assurances given by the Minister for Finance, Pascal Donoghue, following Permanent TSB’s shock sale of 10,700 of non-performing loans to a vulture fund, as meaningless and cold comfort to those faced with the very real possibility of now losing their home. The Sinn Féin TD said that […]

Political will absent for distressed mortgage holders – Crowe

by Seán Crowe TD

Dublin South West Sinn Fein TD, Seán Crowe, has described the latest figures of those in mortgage distress as frightening. Crowe said that the issue of those in distressed mortgages needs to be solved, but the political will from Fine Gael and Fianna Fáil was lacking. Deputy Seán Crowe said: “€4.3 billion is the estimated […]

Crowe Gives Cautious Welcome to New Mortgage Proposal

by Seán Crowe TD

Sinn Féin TD, Seán Crowe, has given a cautious welcome to the Government’s belated move on the mortgage crisis and their proposal to end the Banks veto. Crowe a Dublin South West TD described the move as a massive U-Turn and an open admission that the Government and Minister Michael Noonan had got it drastically […]

Legal protection for mortgage holders a missed opportunity – Crowe.

by Seán Crowe TD

Sinn Féin TD for Dublin South West Seán Crowe has expressed disappointment at the Government’s refusal to accept Sinn Féin’s Land and Conveyancing Reform (Amendment) Bill 2013. Deputy Crowe said that the government’s response shows that its priorities lie with the banks rather than struggling families who have found themselves at the very real risk […]

Crowe welcomes family home commitment

by Seán Crowe TD

Dublin South West Sinn Féin TD, Seán Crowe, has welcomed the public commitment from Allsop Space Auctioneers that it will not offer repossessed family homes for auction, in cases where banks have failed in advance to strike an acceptable deal with the property’s former owners, over their outstanding mortgage debt. Crowe also praised the positive […]