David Hall targets thousands of mortgages with €150m fund

Debtor advocate in talks with three major financial institutions over backing his bid

David Hall is chief executive of the Irish Mortgage Holders Organisation Pic: RollingNews.ie

Debtor advocate David Hall is preparing a €150 million raid on Irish banks’ distressed mortgage books, The Sunday Business Post can reveal.

Hall, who is chief executive of the Irish Mortgage Holders Organisation and has campaigned for debt relief since the economic collapse, is in talks with three major financial institutions over backing his bid.

He intends to set up a voluntary housing body to administer the loans if his bid is successful, ...