Oireachtas Joint and Select Committees

Wednesday, 2 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process: Discussion

2:45 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

The waiting times for free legal aid are absolutely atrocious and that feeds into it. The code of conduct for mortgage arrears, given its significance for tens of thousands of families, should be statutorily based. Oireachtas Members should take the power to put it on a statutory footing and it should compel banks to examine all of the options. Do all the groups agree with that proposal? I know it is a kind of hybrid of what the Irish Mortgage Holders Organisation is saying.

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