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

3:50 pm

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

What is the delegation's general view on the matter? Let me give the example of someone in arrears for more than 90 days who has a property in positive equity. What view does the bank adopt in that situation? Does it distinguish between a property in negative equity or positive equity?

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