Recession 3 years on…..the State controls all and no end in sight
Friday, September 10th, 2010
So this week we got Nama mark 2. Loans from Anglo that won’t fit into Nama now go the new Anglo Asset Management Company to be managed out over a period of time.
Borrowers cannot repay until there is commercial activity in the economy.
Property values continue to fall because there is no credit, no confidence and [...]
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Irish Mortgage Brokers & Broker Representative Bodies should take note of recent UK experience.
Thursday, May 20th, 2010
In the UK Brokers accounted for nearly two thirds of all mortgages in the first three months of the year, according to data from the Financial Services Authority and the Council of Mortgage Lenders.
The Intermediary Mortgage Lenders Association has cited figures from the FSA and the CML which show that mortgage lending via brokers made [...]
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Should Post Bank be let go?
Monday, April 19th, 2010
I would have thought not.
At this stage the Irish Public are screaming for a bank that “cares”. Could a new Post Bank fill this role?
With nearly all the Irish Banks now nationalised (except Bank of Ireland and PTSB) the Government is in the driving seat to knock heads together and deliver a new banking force….that [...]
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Commissions or Fees. What do you think?
Saturday, March 27th, 2010
Is there a future for fee based selling in Ireland ?
Your views to blog@brokercrm.com
The UK Financial Services Authority has banned (from the end of 2012) financial advisers from taking commission on investment products such as ISAs, (Individual Savings Account) pensions, life insurance and the like.
The move has been on the cards for a couple of years, [...]
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