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

3:40 pm

Mr. Jim Brown:

I do not recall seeing any cases concerning Ulster Bank. If the Deputy has some, I will be happy to examine them. We are acutely aware of the issue. As Mr. Bell has stated, it is in our interest to keep the tenant in a property when it makes sense to do so. However, we still have an obligation towards the individual who borrowed the money in the first instance. There is a fine balance in getting the two approaches right. It it not our intent to evict either owner occupiers or tenants.

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