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

2:50 pm

Mr. Jim Brown:

From my perspective it is working well. The key element which the banks have agreed is that unsecured debt is unsecured and that secured debt should have priority. The arrangement in place covers that.

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