Dilosk warns law change could affect ability to pay investors

Mortgage lender Dilosk has warned that two bills going through the Dáil to protect borrowers from vulture funds could have an impact on its ability to continue securitising loans.

Dilosk, which started life only a few years ago after acquiring a loan book from Bank of Ireland, made the comment in a document published earlier this month as it carried out its third loan book securitisation to raise €215 million.

The prospectus document ...