McGuinness calls on the Finance Minister to stop repossessions

John McGuinness, chair of the Finance Committee, has written to the Minister for Finance, Paschal Donohoe, calling for an immediate halt to all repossession cases in light of the tracker mortgage debacle.

The Fianna Fáil TD said the committee has uncovered “very serious wrongdoing” and no court actions should proceed until alternative mortgage to rent proposals were considered. The letter comes as revelations emerge that sub-prime lender Start Mortgages, controlled by vulture fund ...