Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

It might be like the wedding feast at Cana. The best might be coming now. I will be like Columbo and ask one more question before I go. If we run out of time I will ask Deputy Twomey to continue chairing the meeting until we can get it concluded. I want to touch on the issue of new mortgage lending because what we are all trying to achieve here is normalisation in the housing market, not recovery in terms of going into another housing boom. By normalisation I mean the type of prudent lending practices we had in the past where the ratio of people's incomes were reflective of the type of loans they got, where deposits were required and we had mortgage schedules that were somewhat realistic in that half way through, people who had children going to university did not have another cost coming in the door, so to speak. What is the general summary of Mr. Duffy's strategy with regard to growing the bank's mortgage lending for new customers?