An organisation that helps people in mortgage arrears is to seek rapid home repossessions in the courts to help keep single parents and children in their homes. The Irish Mortgage Holders Organisation has spent the past decade trying to slow down and discourage courts granting repossession orders to banks and vulture funds. Now it is…
Cutting through the red tape on mortgage-to-rent Revamped scheme to help home-owners in arrears might just work, says Sinead Ryan On the surface of it, the Mortgage-to-Rent (MTR) scheme seemed an ideal solution to the home-owners in arrears crisis; repossession only puts a family out on the street, adding to the homeless problem. Better to…
A housing body backed by debt campaigner David Hall has beefed up its board in advance of the launch next month of a scheme to allow struggling borrowers to sacrifice ownership of their home in return for a lifetime tenancy. The new directors of Hall’s Icare Housing are Pat Doyle, chief executive of the Peter…
David Hall’s ICare housing company will have secured all its necessary funding “within days” as it prepares to launch in the coming weeks, the mortgage advocate has said. The newly established non-profit housing company run by Mr Hall, the director of the Irish Mortgage Holders Organisation, is to take advantage of the government’s revamped mortgage-to-rent…
Originally published in The Irish Times, 03/05/2017 David Hall isn’t everyone’s cup of tea. In his role with the Irish Mortgage Holders’ Organisation, he has irritated a lot of bankers, regulators and politicians with his loudhailer approach to negotiations on loan arrears. He can sometimes push the argument too far – and some wonder why he…
