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Mortgage Line Blog, for the latest property and mortgage news

Nama to protect hesitant homebuyers against negative equity!

Posted on by Stephen Hamilton

There has been allot of speculation in the last 12 months about how Nama would begin to offload its large property portfolio. In an article in today's Irish Independent the head of Nama, Frank Daly is quoted on his immediate plans to sell off some of Nama's residential property stock. In essence his plan is to offer hesitant home-buyers protection against negative equity.

Posted in
Bad Banks, First Time Buyer, Mortgages
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