Oireachtas Joint and Select Committees
Thursday, 10 April 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland
12:40 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
Oddly enough, and perhaps running counter to my instincts and impulses and some of the questioning, I actually believe the banks. It is not in their interests to repossess people and they are under a great deal of pressure. Mr. Mason mentioned that Bank of Ireland reaches some arrangement in nine out of ten cases. What about the one to which it cannot offer a solution, even if that is what the customer is seeking?
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