Hall poised to raise €100m for distressed loans deal
Mortgage-to-rent scheme would buy properties and rent them back to occupants; Rents would be subsidised and occupants would be able to buy back under certain conditions
Debtor advocate David Hall says he is close to signing up to a €100 million financing deal with British lenders as part of his plan to snap up thousands of troubled mortgage loans.
Hall, who has long been an advocate for distressed borrowers through his group the Irish Mortgage Holders Organisation, will deploy the funds for phase one of his latest not-for-profit venture, I Care Housing, which he expects to be fully operational ...
