The human cost of vulture funds

This is one family’s harrowing story of what happened when a vulture fund acquired their home loan

3rd April, 2016
What happens when a vulture fund acquires your family's home loan

Fear. Sleepless nights. Stress. All over Ireland, vulture funds are chasing loans that should never have been given and will never be fully repaid. And families are feeling the pain.

The funds bought these loans in big bundles, often at steep discounts from their original lender. Individual borrowers were not given the chance to get in on such deals, but instead must face into uncertainty as they try to negotiate a better deal.

Over the...

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