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NPL Update: Central Bank wants “meaningful progress” on long-term PDH mortgage arrears

Ireland - July 21 2021 While regulated Irish lenders seem well-prepared for any increases in PDH mortgage arrears cases, the Central Bank wants those lenders to address key…

Robert Cain, Sinéad Cantillon, Maedhbh Clancy, Cormac Kissane, Orla O'Connor, Aiden Small, Sarah Thompson.

NPL Update: Scope of Credit Servicing Directive agreed

European Union, Ireland - July 8 2021 Political agreement has finally been reached on the scope of the proposed Directive on credit servicers and credit purchasers. Following lengthy…

Robert Cain, Sinéad Cantillon, Maedhbh Clancy, Cormac Kissane, Orla O'Connor, Kim O'Dowd, Aiden Small, Sarah Thompson.

NPL Update

European Union, Ireland - March 26 2021 Non-performing loans (NPLs) and, in particular, the potential impact of the COVID-19 pandemic on levels of residential mortgage arrears remains a high…

Robert Cain, Sinéad Cantillon, Maedhbh Clancy, Cormac Kissane, Orla O'Connor, Aiden Small, Sarah Thompson.

COVID-19 Payment Breaks: Active engagement and tailored sustainable solutions remain the Central Bank’s priorities

Ireland - December 9 2020 The European Banking Authority has reactivated its Guidelines on Payment Moratoria. While this has no direct impact in Ireland (the ability to apply…

Brendan Wallace, Glenn Butt, Robert Cain, Sinéad Cantillon, Maedhbh Clancy, Phil Cody, Matthew Dunn, Kathleen Garrett, Grainne Hennessy, Cormac Kissane, Kevin Lynch, Declan McBride, David Molloy, Orla O'Connor, Niamh Quinn, Ultan Shannon, Imelda Shiels, Aiden Small.

Credit Servicing: Will the Irish regime need to change?

European Union, Ireland - November 3 2020 At the start of 2019, the Irish credit servicing regime was expanded so that holding legal title, determining overall portfolio strategy, and…

Robert Cain, Sinéad Cantillon, Maedhbh Clancy, Cormac Kissane, Orla O'Connor, Kim O'Dowd, Aiden Small.