Money Matters: Central Bank tracker probe awaited

Update may bring resolution for borrowers, writes Emma Kennedy

Central Bank due to give update on tracker mortgage probe this week

On Thursday, the Central Bank will issue a further update on its long-running tracker mortgage probe, with thousands of mortgage borrowers likely to be keen to get some resolution once and for all.

Theongoing examination of lenders’ treatment of tracker mortgage customers stems from an overcharging scandal – and subsequent redress scheme – that emerged at Permanent TSB this time last year.

The market-wide tracker investigation hinges on a number of key issues, ...