Is The Minister aware that Professional Sub Prime Lenders which Loan Star and Oak Tree Capital can without conflicting information be safely described as, do not compete in the "Normal" mortgage market where competition tends to set the variable interest rates?
Furthermore is The Minister aware that it was not the practice of Irish Nationwide Building Society to offer the option of tracker mortgages to their customers therefore The Ministers actions have resulted in leaving some 13,000 homeowners at the mercy of sub prime lenders?
Would The Minister recommend any of his family or indeed his constituents to take out a mortgage with a sub prime lender?
Andrew Broderick
Posted on 4 Jun 2014 3:06 am
Is The Minister aware that Professional Sub Prime Lenders which Loan Star and Oak Tree Capital can without conflicting information be safely described as, do not compete in the "Normal" mortgage market where competition tends to set the variable interest rates?
Furthermore is The Minister aware that it was not the practice of Irish Nationwide Building Society to offer the option of tracker mortgages to their customers therefore The Ministers actions have resulted in leaving some 13,000 homeowners at the mercy of sub prime lenders?
Would The Minister recommend any of his family or indeed his constituents to take out a mortgage with a sub prime lender?
Loanstar: http://loanstarhomelending.com/
Oaktree: http://oaktreecapital.com/