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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