Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

The witnesses have thrown a great many numbers at us in the last ten minutes. I welcome the fact that they are prepared to give them, but we should have had them before this meeting commenced. We are taking down notes, looking at numbers and trying to frame questions. That is not acceptable. We should have had all of that information in advance of the meeting. The witness gave us an extensive presentation in advance, but it was very clear that the primary purpose of the meeting was to go through mortgage arrears resolution targets. We should have had all of that information, but we did not. In my opinion it takes from the meeting, to be frank.

Of the 8,600 offers made under the MARP in the second quarter, the witnesses are saying that more than 5,000 of those were in the form of a threatening legal letter. Was that a standard letter? Was it a letter seeking voluntary surrender and stating that if the person did not do so, the bank would initiate legal proceedings? What was that letter?