Posts Tagged ‘Cerberus’

AIB Loan Sale: €1.8bn Purge to Vulture Funds

AIB Plans €1.8bn in Loan Sale to Cerberus and other Vulture Funds The Irish Times recently reported that the private equity firm Cerberus, ironically named after the mythical three-headed dog guarding the gates of Hades, is moving forward in potentially purchasing some of AIB’s loan book. AIB is planning a purge of its non-performing €1.8 billion loan…

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Could I lose my home?

home

One thing we understand entirely is that home is sacrosanct to most people thus it is imperative that the situation in home is investigated first and foremost. In many instances, a Borrower/Guarantor’s home will be mortgaged with another lending institution and, as a result of the property crash, there will very rarely be equity in…

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CERBERUS – WHATS NEW?

Property prices

You may recall over the last month we have been placing a focus on Cerberus. In fact I took it upon myself to write a paper on the subject for my most recent MBA modules such is breadth of scope and detail regarding their acquisition of loan books both in Northern Ireland and Republic of…

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