Sunday July 12, 2020

Central Bank weighs up lenders’ tracker plans

All lenders have now submitted their tracker mortgage review plans to the regulator

10th April, 2016
Central Bank

Central Bank staff are poring over lenders’ plans to address major problems with tracker mortgages, after all banks met the latest deadline in the regulator’s ongoing tracker mortgage investigation.

The Central Bank wrote to lenders late last year “requiring them to put in place a robust plan and framework” to carry out a review of tracker mortgages.

The probe came after major concerns emerged about serious tracker mortgage errors made...

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