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
5:20 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
Mr. Wallace mentioned a figure of 60% earlier when I was asking questions. There was some confusion because Mr. Wallace thought my question pertained to all mortgages but I was primarily concerned with residential principal private dwellings and so on. I am seeking clarity because given the rapid fire of questions backwards and forwards taking in the import of what Mr. Wallace said has taken some minutes. Mr. Wallace should correct me if I am wrong but I understood he said 60% of all mortgages he had were sold back to the original mortgage holder. Is that correct?
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