AIB plans sale of €750m of commercial property loans
Portfolio likely to be marketed in first half of 2022
Portfolio likely to be marketed in first half of 2022
The proposal includes an upfront payment of €50m and deferred payment of €15m
Portfolio includes loans deep in arrears and restructured debt underpinned by eased terms
Winner of sell-off of home loans deep in arrears expected to be chosen within weeks
Most households expected to end up in Government’s mortgage to rent scheme
Bidders for portfolio of owner-occupier loans will work to keep borrowers in homes
Mortgage campaigner David Hall hits out at decision to allow private entity into scheme
Loan sale code-named Project Birch is being planned for early next year
Irish firm comes up with plan to deal with 28,000 mortgages in long-term arrears
Arizun launches sale-and-leaseback scheme for people who don’t qualify for State support
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