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How Irish Citizens Have Reacted to the New Mortgage Limitations

Housing prices in Ireland continue to rise, the Central Bank is called to take action. The bank has limited the size of mortgages given to people buying a home, leaving many people frustrated. The lending rules restrict people or couples from borrowing 3.5 times their collective income. In addition, first-time buyers must reach a minimum …

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Myth or Truth?

  With the growth of the financial technology industry, many people will fear the end off traditional financial services services and the complete takeover of  automation in all areas of wealth and services management.     Fintech will End Banking When spreadsheets became more common, people thought the need for accountants would cease to exist. When …

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Billionaire Mark Cuban Discusses Fintech to Watch

It seems as if numerous predictions and moves by some of the world’s most famous billionaires and fintech enthusiasts have been true and worth discussing. From Elon Musk and his push on bitcoin to Dave Girouard on the automotive online shopping industry, their words may be worth listening to. Now, billionaire entrepreneur Mark Cuban has …

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Self-Service Mortgages

Impressive progress with mortgage technology has been made in recent months to enhance a customer’s mortgage application experience by making it virtually self-service. The updated technology was expedited when the Covid-19 social distancing restrictions all but eliminated the in-person mortgage application process. This digital transformation was a significant contributor to the mortgage market’s success in …

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Allied Irish Banks Alter Lending Rules

The coronavirus pandemic has had a profound effect on many industries in Ireland. One of the industries hit the hardest was the mortgage lending industry. Specifically, the Allied Irish Banks, AIB, has had to alter their lending rules to deal with the uncertainty attributed to Covid-19. In February 2021, AIB announced a major modification concerning their …

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