Oireachtas Joint and Select Committees
Wednesday, 26 February 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Sale of IBRC Mortgage Loan Book: Discussion
2:20 pm
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
For those on the mortgage book who may have been able to discuss their financial situation with another financial institution in the country - let us say, one of those that comes under the regulation of the Central Bank - and have received loan approval to purchase their mortgage out of the new structure, is it envisaged that the purchasing out will draw penalties upon the buy-out?
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