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Lenders pay €78m for denying tracker rates to 2600 customers - Irish Times

Some €78 million has been paid by lenders to 2,600 mortgage account holders in redress and compensation for being denied a tracker rate at some point over the past decade, the Central Bank said on Thursday. In an update of its industry-wide tracker ...and more »

Virtually all lenders failed to offer the correct tracker rates to customers - Irish Times

]The Central Bank of Ireland's update on Thursday of its ongoing examination of tracker mortgage rates that 15 lenders offered to customers over the past decade was revelatory. For the first time, the regulator made public the fact that some 7,100 ...and more »

Tracker mortgages: €76 million paid out in compensation so far to customers denied proper rates -

THE CENTRAL BANK has identified an additional 1,700 banking customers who were denied a right to, or the option of, a tracker interest rate on their mortgage. The latest Central Bank report in to the examination of how customers were denied tracker ...and more »

'Banks cartel' in mortgage rip-off, tracker scandal report reveals - Irish Mirror

Homeowners have been the victims of a scam “perpetuated” by banks against tracker mortgage holders since 2009, it was claimed on Thursday. Campaigners described a Central Bank update on a probe it is carrying out into the scandal as “an indictment of ...and more »

€78m paid in redress and compensation to 2600 customers affected by tracker mortgage scandal -

€78m has been paid out in redress and compensation to around 2,600 customers affected by the tracker mortgage scandal. In an update on its examination of tracker loan issues, the Central Bank also said 9,900 impacted customers had been identified by ...and more »

Rise in number wrongly denied a tracker rate - Irish Independent

The number of people who had tracker mortgages wrongly taken off them has risen as regulators continue to probe what has become the largest overcharging scandal in the history of the State. The Central Bank said banks have now identified close to 10 ...and more »

Lending into niches: 'The market needs this right now' – Marketwatch - Mortgage Solutions

This week Mortgage Solutions asked our experts to give their thoughts on recent launches and other changes made by lenders targeting niche areas of the market. Brian Murphy, head of lending for Mortgage Advice Bureau explains that widening availability ...and more »

3 Dumb Mistakes to Avoid When Closing on a Mortgage - Motley Fool

Closing on a mortgage is a major milestone, and it's one you certainly don't want to derail. Unfortunately, a few careless moves could disrupt an otherwise smooth, hassle-free closing. Here are three major mistakes to avoid.and more »