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

4:30 pm

Photo of Fidelma Healy EamesFidelma Healy Eames (Fine Gael) | Oireachtas source

Let me put it another way. I am talking about a couple in their mid-forties who were given a 30-year mortgage by Ulster Bank. One income has been lost in the family. They were prepared to pay their mortgage into their mid-70s. Ulster Bank facilitated that loan six or seven years ago during the boom.

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