Is Government heading for trouble on mortgage sales?

Is Government heading for trouble on mortgage sales?
Fianna Fáil finance spokesman Michael McGrath. Pic:

There is no political gain to be made from arguing that it is OK to transfer a €4 billion Permanent TSB portfolio of 20,000 mortgages to unregulated funds - and Fianna Fáil knows this

This government seems intent on walking into an elephant trap. That is the only conclusion that can be drawn by its response so far to the potential sell-off of 20,000 Permanent TSB mortgages to a vulture fund.

Please Subscribe or Log in to continue reading

Subscribe Login

Independent journalism every day

With digital access you can read The Business Post whenever, wherever, and however you want.

  • Unlimited access to all sections of The Business Post on desktop, tablet and mobile.
  • Breaking news, comment and analysis from the best Business Post writers seven days a week.
  • Live blogs of major news events
  • Videos and podcasts from some of the industry's most respected journalists such as Tom Lyons, Susan Mitchell and Ian Guider
  • Access to The Business Post's extensive archive​

Related Articles

More from The Business Post