Bernard Durkan (Kildare North, Fine Gael) | Oireachtas source

Today I wish to bring to the attention of the House the bullying and aggression adopted by vulture funds in pursuit of homeowners who have had their mortgages sold on to those funds for reasons I will not go into now. The funds are totally impervious to the attitudes of third-party representatives, including public representatives, and are interested in only one thing, namely pursuing their objective to the extent of getting the homeowners out on the road, perhaps making them homeless. This is deplorable in the present climate. I ask for the vulture funds to be reminded of their obligations, of the fact that they are licensed by the Central Bank and of the fact that they are not currently observing the rules of the Central Bank.

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