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
Fidelma Healy Eames (Fine Gael) | Oireachtas source
Never mind the specific case, what I am saying is that if it is happening here, it is happening with others. I accept that everything is dealt with on a case by case basis but I wrote to the Governor of the Central Bank about this case. The Central Bank gave me specific guidelines on age. In certain conditions, if there was income to support it, a person might be let go to 70 or a little over but never over 80. The proposal that Ulster Bank made, which it described as sustainable, actually contradicted and went against Central Bank guidelines.
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