An tOrd Gnó - Order of Business
Dail Éireann — 2025-07-08
============================================================

Natasha Newsome Drennan (SF), Carlow-Kilkenny

I wish to raise the case of a woman in Kilkenny who is unable to work due to cancer treatment and who has struggled with her mortgage as a result. Her mortgage was then sold off, without any consultation, by PTSB to Mars Capital, as it was labelled "under performing". Zero compassion or understanding was shown by PTSB, a majority State-owned bank. This is an outrageous practice by PTSB, selling off the mortgages of struggling cancer patients to vulture funds. This woman is still unable to work but her interest rate has now shot up to over 6%, more than double the current market rate. There must be an investigation into the outrageous pricing practices of these vulture funds and an end to the sale of mortgages without the consent of holders who are struggling with health issues.

---

Source: Houses of the Oireachtas. Licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). The Official Report is revised after first publication; the fetch timestamp below identifies the version quoted.

Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2025-07-08/debate/main
Retrieved: 2026-08-27T06:54:47+00:00
Sitting date: 2025-07-08