Oireachtas Joint and Select Committees

Wednesday, 2 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process: Discussion

5:10 pm

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party) | Oireachtas source

Actually it is unsustainable. We have no rent controls and landlords are a law unto themselves. Sin scéal eile that we do not have time to debate. Somebody - I think it was Mr. Maguire - described the AIB as the most aggressive bank in driving repossessions. Would he, therefore, disagree with the arrangement between the Irish Mortgage Holders Organisation, IMHO, and AIB which they have claimed to have been successful? The IMHO states that AIB has acted in good faith and worked assiduously with it to reach sustainable solutions.

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