A theme examined on here several times (examples here and here) is how NAMA can effectively manage a €74bn portfolio with 100 people with just some input from Capita. This threadbare resourcing comes after NAMA engaged 64 legal firms and 30 valuation firms to help with acquiring the loans in the first place. Yesterday the [...]
Archive for October 22nd, 2010
NAMA’s under-resourcing of its Portfolio Management team criticised (again)
Posted in NAMA on October 22, 2010 | 9 Comments »
Information vacuums and residential property in Ireland
Posted in Irish Property, NAMA, vacant property on October 22, 2010 | Leave a Comment »
A couple of days ago the PTSB/ESRI house price series was revealed for the third quarter of 2010. A day beforehand on here, I had tried to examine the accuracy of the PTSB series in light of PTSB apparently having less than 4% of the mortgage market and the significance of the non-cash market. I [...]