Oireachtas Joint and Select Committees
Wednesday, 9 April 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB
10:10 am
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
I do not expect the witnesses to have these figures to hand this morning, but will they provide an explanation at a later date, if possible, regarding the 2,302 people involved in legal proceedings at present with regard to how many are still not engaging with the bank even though a legal process is under way; how may are responding to the bank through the legal process; and how many were previously in a mortgage arrears resolution process but have moved to court proceedings? Will the witnesses also tell us how many of these are in positive equity and in negative equity? I do not expect the witnesses to have this detail this morning.
Will the witnesses speak about new lending? They have stated there is positive growth in this area.
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