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
3:40 pm
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
Before bringing in Deputy Higgins, will the witnesses clear up an issue regarding potential sales? Whether the people are with IBRC, Irish Nationwide, Ulster Bank or AIB, there is a difficulty in trying to get refinanced in order to buy a loan and get out of an existing mortgage. There may be a coterie of people who can find the financing and the liquidators could have dealt with such a group. Was there an expression of interest from people who wished to buy the mortgages?
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