NAMA Plans To Boost Property Sales

Ireland’s National Asset Management Agency has been in talks with Allied Irish Banks and Bank of Ireland aimed at boosting property sales by the lenders offering financial support to buyers of NAMA-acquired homes, beginning this fall, reports Reuters.

Ireland’s National Asset Management Agency has been in talks with Allied Irish Banks and Bank of Ireland aimed at boosting property sales by the lenders offering financial support to buyers of NAMA-acquired homes, beginning this fall. NAMA says fears that housing prices may fall further have dampened sales, and it wants to come up with a plan for protecting buyers that fall into negative equity.

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