Fianna Fáil says bill will prevent mortgages being sold to vultures

Fianna Fáil finance spokesman Michael McGrath said he was confident that it would achieve its objective of regulating mortgage sales to vulture funds

Fianna Fáil has said that its new bill will ensure that household loans can no longer be sold off to unregulated vulture funds.

It has reached agreement with the government on its private bill so that the Central Bank can oversee and inspect any vulture fund taking over domestic mortgages.

The bill, which will be brought before the Dáil this week, marks the end of a political controversy which had raised tensions between ...