THE State's financial watchdog has questioned the value of hiring private detectives to trawl for developers' hidden assets, and warned that NAMA faces "considerable challenges" making back the €32bn it spent buying toxic property loans from banks.The Co
STATE-owned bad bank NAMA said yesterday that it plans to invest €2bn in Irish property projects between now and 2016.It's a move that reaped the agency masses of airtime and newspaper coverage, but for the cynics the move to announce big spending plans
THE National Asset Management Agency (NAMA) has introduced a new mortgage product designed to protect buyers from falls in property values of up to 20pc over the next five years.The pilot phase of the scheme will be available on more than 115 houses in 1
NAMA has taken legal action to try to reverse a controversial €20m sale of Chinese property shares to developers Johnny Ronan and Richard Barrett.The National Asset Management Agency (NAMA) has filed papers with the High Court in Dublin seeking to revers
THE National Asset Management Agency will ask the Commercial Court next week to order insolvent developer Treasury Holdings to provide security for costs of its forthcoming challenge to the agency's decision, calling in loans of more than €1bn and appoin
The scheme is designed to help mitigate the risks of further decreases in house values.The initiative will see 80pc
The country's 'bad bank' was last night accused of pumping up the price of properties it is selling under a special deal to protect buyers against negative equity.NAMA, the National Asset Management Agency, said the new deal would protect buyers from a p
THE former Anglo Irish Bank snubbed a request from Finance Minister Michael Noonan to hit its top earners with pay cuts, it emerged yesterday.Irish Bank Resolution Corporation (IBRC), which has been given more than €29bn by taxpayers, told Mr Noonan that
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