Oireachtas Joint and Select Committees
Wednesday, 4 September 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Financial Sector: Discussion with Bank of Ireland
12:15 pm
Stephen Donnelly (Wicklow, Independent) | Oireachtas source
Therefore, in fact, that is not a split mortgage at all. The bank is taking a mortgage and splitting it in half. Mr. Boucher is saying the customer is paying the full interest at market rate on the full capital amount as to Deputy Michael McGrath's question and there is no reduction in the amount being paid there either.
Does the bank engage in voluntary surrenders?
No comments