Archive for February 2015

NAMA appoints Cushman & Wakefield to sell mega €8.4bn Project Arrow NPL

loan

NAMA has appointed Cushman & Wakefield Corporate Finance team to sell the giant €8.4bn Project Arrow non-performing loan (NPL) portfolio, as the Irish bad bank accelerates its remaining wind-down. Project Arrow will be the largest loan portfolio sale in NAMA’s history and takes the aggregate nominal value of the current pipeline of loan portfolio sales…

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Call for banks to offer more help for those facing negative equity

mortgage arrears

Northern Ireland suffered a huge housing bubble in the 2000s followed by a crash in 2008 that saw prices fall by almost 50% Continue reading the main story Your Home Banks could do more to help mortgage customers who are in negative equity or facing repossession, a Stormont-backed taskforce has recommended. The taskforce has been…

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