Back in August 2017, a small but determined group of people landed in New York City on a mission to see if there was
any possibility for raising ethical funding to potentially help tackle the nightmare scenario developing in Ireland,
specifically with the involvement of the Vulture Funds.
Turns out there is, but you need to demonstrate, amongst other things, a definitive “political will” in order to secure it.
That, believe it or not, has proved to be one of the most difficult things to find, with some notable exceptions,
in this politically captured little country of ours… (more)
Affordable Housing and Fair Mortgage
The Bill is aiming to introduce legislative measures to help challenge evictions unless the Court is satisfied about:
(a) the mortgagor’s distressed loan being offered to an ethical fund and/or not-for-profit organisation and reasons why, if any, that this approach was declined;
(b) its judicial examination for unfair terms;
(c) the question of appropriateness of eviction in the circumstances (i.e. proportionality);
(d) the availability of suitable alternative accommodation within a reasonable locale before an Execution Order is granted.