Motivating Banks to Help Distressed Customers

Selling loans to vulture funds is often more cost-efficient for banks than helping homeowners (their distressed customers) through engagement and restructuring options to assist them to save their homes.

Sinn Féin’s No Consent, No Sale Bill provides motivation for banks to help the homeowner.

Related articles: Sinn Féin Bill Protects Homeowners; Want a Vulture Fund to Own Your Mortgage?