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
2:50 pm
Liam Twomey (Wexford, Fine Gael) | Oireachtas source
The 4,175 borrowers who are in arrears at the moment are possibly the most vulnerable people who have been transferred. If they all reach resolutions with the special liquidators before the sales process is completed, they will have additional protections. This is as much a question for the special liquidators as it is for the Department of Finance. Would I be right in saying that there is nothing to stop us legislating subsequently to give more protection to those people if it is necessary?
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