IBRC liquidators confirm mortgage holders to be safeguarded

The liquidators of IBRC have confirmed that bidders that are successful in their attempts to buy its mortgage portfolios must comply with existing consumer protection codes.

25th February, 2014

The liquidators of the Irish Bank Resolution Corporation (IBRC) have confirmed that bidders that are successful in their attempts to buy its mortgage portfolios must comply with existing consumer protection codes.

There had been fears that 13,000 mortgage holders would lose valuable consumer protection when their loans were auctioned in the coming weeks by the IBRC liquidators.

But the Sunday Business Post reported at the weekend *(subscription required)* that the IBRC special liquidators had moved to...

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