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
3:30 pm
Stephen Donnelly (Wicklow, Independent) | Oireachtas source
It would be possible to create an auction process whereby individual mortgage holders had the option to bid for their own loans at whatever discount might be offered to other people who ultimately will buy their loans. That is an eminently achievable auction process. Was any effort made to model that auction process?
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