Thursday August 13, 2020

Central Bank hits back at mortgage claims

Regulator has written to mortgage rate campaigners to stress that it does not have a statutory role in setting mortgage rates

24th April, 2016
The Central Bank has defended it's stance on protecting mortgage customer data Pic: RollingNews.ie

The Central Bank has hit back at claims that it has failed to protect variable rate mortgage customers, confidential documents reveal.

According to documents obtained by The Sunday Business Post under Freedom of Information legislation, the Central Bank has written to mortgage rate campaigners to stress that it does not have a statutory role in setting mortgage rates.

The Fair Rates mortgage campaign has repeatedly raised concerns about the variable mortgage rates charged by Irish...

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