Central Bank tracker mortgage investigators examine lenders’ data

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

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 over ...