Brendan McDonagh

NAMA could deliver a surplus of up to €1bn

NAMA could deliver a surplus of up to €1bn

The National Asset Management Agency is likely to deliver a profit on the bad property loans it bought from the Republic’s banks when its finishes its work, according to its chairman, Frank Daly. The organisation reported yesterday that, in 2013, it made a final surplus…
NAMA unveils third phase of 80:20 Deferred Payment Initiative

NAMA unveils third phase of 80:20 Deferred Payment Initiative

The National Asset Management Agency (NAMA) has today launched the third phase of its residential mortgage 80:20 Deferred Payment Initiative, featuring an additional 100 houses and apartments in four counties and bringing the overall offering to close to 400 properties. The properties included in the…
NAMA reports a housing shortage

NAMA reports a housing shortage

The head of the National Asset Management Agency (NAMA) has admitted there is now a shortage of family homes in parts of the country. Brendan McDonagh said last week that the property market in Ireland had now stabilised but admitted that NAMA was still not…
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