EBS failed to warn customers who changed the parties to a mortgage that they would lose their tracker

Brendan Burgess

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From the Central Bank report


 Failed to adequately warn customers of the consequences of their decisions relating to their
mortgage: EBS failed to ensure that key information was brought to customers’ attention. EBS
failed to warn customers who were considering changing their mortgage terms, or requested a
change of party to the mortgage, that they might lose their entitlement to return to or avail of a
tracker mortgage rate in the future.
 

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  • EBS enforecement statement from Central Bank.pdf
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