Market Talk

Is there something the mortgage lenders don’t want us to know?

Jeremy Masding, chief executive, Permanent TSB, has a lot on his plate

Poor Jeremy Masding, the boss of Permanent TSB. Another review of the bank’s mortgage products has begun – at its own prompting this time, it should be said. It will cover all mortgages issued by the lender and follows on from the shambles over the summer that saw PTSB admit that more than 1,000 customers were on interest rates they shouldn’t have been. That scandal will cost the bank dearly in compensation, fines ...