Saturday February 22, 2020

Central Bank tracker mortgage investigators examine lenders’ data

The Central Bank’s tracker mortgage probe began late last year

2nd October, 2016
Central bank, Dublin

Central Bank staff have begun onsite inspections at lenders’ premises as the regulator escalates its long-running tracker mortgage investigation.

The Central Bank’s tracker mortgage probe began late last year, prompted by concerns about serious tracker mortgage errors made by lenders following a tracker mortgage overcharging scandal – and subsequent redress scheme – at Permanent TSB.

In recent weeks, regulatory experts have been on site at the headquarters of the country’s banks, poring...

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