Protecting families from predatory vulture funds
When then Taoiseach Enda Kenny confirmed that it was the government’s policy to ensure that repossession of family homes should only be a last resort, I accepted his bona fides. With the current government, I have my doubts.
Back then, the policy was that banks should deal with distressed borrowers through the insolvency processes, with Mortgage to Rent as a backstop.
Now, the government is sitting back and letting the banks sell off ...