A Monaghan Senator is calling for a "level playing field" for all mortgage holders.
The Central Bank has recently confirmed that large numbers of mortgage holders whose loans were sold to vulture funds are unable to use the Ombudsman service to make complaints if they are in dispute over the handling of their loans.
It is estimated that up to 100,000 borrowers have had mortgages sold to vulture funds, with credit servicing firms acting on behalf of the funds.
Speaking to Northern Sound, Senator Robbie Gallagher said that people cannot be expected to spend thousands on legal fees and barristers to rectify this issue.
Senator Gallagher appealed to those vulture funds to treat people with dignity and respect and not to try to gouge them for the last cent they have.
He added that this is "simply not good enough" and that Government should not stand over any mechanism that allows that behaviour to exist:
