Saturday February 29, 2020

Vultures fly in and pick home bones clean

Almost half of Nama’s Project Arrow portfolio is Irish and residential, so why can’t people living in the homes buy them?

13th September, 2015

A question that members of the general public often ask is: “Why can a vulture fund purchase a loan from Nama or a bank selling a loan book, when the person who is liable for the loan isn’t given that opportunity?”

The request for the right to do this came most recently from the Institute of Professional Auctioneers and Valuers (Ipav), which has called on the Minister for Finance to halt...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 2 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago