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On 18 June 2018, EBS admitted that a further 500 customers were caught up in its tracker mortgage scandal, which brought the number of its customers affected to 2,400. In November 2020 a financial advisor who was an employee of EBS and who stole a total €271,000 from elderly and vulnerable people was jailed for eleven months at Sligo Circuit ...
A variable-rate mortgage, adjustable-rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit markets. [1] The loan may be offered at the lender's standard variable rate/base rate. There may be a direct ...
The reduction follows the 0.25% cut to the Bank of England base rate.
He often appeared on behalf of the Law Society of Ireland and the Medical Council of Ireland in prosecuting professional malpractice cases. [12] [13] He also worked with the Central Bank of Ireland in inquiries, including into Quinn Insurance and the misselling of tracker mortgage products by Irish banks. [14] [15]
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