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Permanent tsb : PTSB agree complex deal to shift 1.3bn of mortgages from bank into `securitisation`

Permanent TSB has agreed a complex deal to shift 1.3bn of mortgages out of the bank and into a so called securitisation, despite the borrowers having previously agreed restructuring deals with the largely State owned bank. All told, about 6,272 borrowers are affected. Almost all of the debt is […]

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