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

3:00 pm

Mr. Jim Brown:

We see no reason to write off the mortgage debt under the examples where the unsecured debt is written down, a restructured mortgage is put in place and people reduce their expenditure accordingly. We see no need to write down mortgage debt if all of that is implemented.

Comments

No comments

Log in or join to post a public comment.