John Walsh: The government won’t do it, but approved housing bodies should be scrapped

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John Walsh [JohnWalsh09 ]: These state bodies are so unreliable that developers can’t get funding on the back of a contract with one, and in any case low to middle-income earners can’t get a mortgage

About a decade ago, the Royal Bank of Scotland was in the middle of a media storm amid an unrelenting public backlash.

The failure to upgrade its software had caused a breakdown in its payments system. Hundreds of thousands of customers were affected, including in Ireland through its Ulster Bank network. The board hired a heavyweight crisis management expert to deal with the daily negative press coverage. In the first meeting between the consultant and ...

Source: Loan Digest (loandigest.net)

 

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