Mortgage Interest Rates
Dail Éireann — 2025-04-03
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Pearse Doherty (SF), Donegal

The scandal of selling off mortgages to vulture funds has never been addressed. Just this week, the Financial Services and Pensions Ombudsman, FSPO, legislation passing through the Seanad is finally giving people access to the financial ombudsman. That was only one of the many promises that mortgage holders would be treated the same that was broken. What steps is the Minister going to take to protect mortgage prisoners from extortionately high mortgage interest rates? We know they are being fleeced by the vulture funds. The Minister promised, along with others, that there would be no difference if their loans were sold on to mortgage funds. What an empty promise when we now see so many people paying extortionate interest rates in the hands of these vulture funds.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2025-04-03/debate/main
Retrieved: 2026-08-14T04:53:41+00:00
Sitting date: 2025-04-03