Vulture funds have green light to ‘solve’ the mortgage crisis

Vulture funds have green light to ‘solve’ the mortgage crisis
Brian Reilly, co-founder, Right2Homes

Repossession and personal insolvency seem to be the government’s preferred option, writes Brian Reilly

Whether you are a “performing” borrower or a “non-performing” borrower and in arrears, the sale of your loan and mortgage to a vulture fund represents an alarming development. Even though it is stated government policy to “keep families in their homes” the self-same government’s actions are of little effect.

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