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

4:20 pm

Photo of Fidelma Healy EamesFidelma Healy Eames (Fine Gael) | Oireachtas source

My next question is for Ms Nolan. The Master of High Court, Mr. Honohan, said we had to look at the reality that many mortgages would be sold in the secondary mortgage market and that we needed to regulate same. Ms Nolan has said the Department is looking at legislation. Given all of the concerns shared at the committee today, does she think it is time for emergency legislation to be introduced protect the homeowner who could be thrown to the wolves?

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