Distressed Mortgages

Distressed Mortgages

Emma Kennedy: It’s the crisis that just won’t go away, the issue that refuses to disappear – mortgage arrears

The saga of mortgage arrears is often over-simplified into an easily digestible tale of villains (typically banks and vulture funds) and heroes (those fighting for families in debt).

But is there a twist in the tale? Is the reality quite so clear cut as the default narrative?

Questions have emerged about the agenda of debt advocacy group New Beginning following an embarrassing data breach at the organisation. Personal details of more than 1,000 mortgage holders...

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