Oireachtas Joint and Select Committees
Tuesday, 8 April 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Mortgage Arrears Resolution Process: (Resumed) Ulster Bank
2:30 pm
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
It is incredible that approximately 6,500 of the bank's 14,000 customers in mortgage arrears are essentially in the legal realm. In launching the mortgage arrears targets programme the Central Bank and the Government hoped to generate some action. I am not sure this is the type of action they envisaged.
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