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
4:40 pm
Mr. Jim Brown:
I understand that, but it is another reason we do not focus so much on positive or negative equity or price movements. The key for us is affordability and ensuring the borrower who takes out a mortgage with us can sustain the payment over the life of the loan. It is the reason we build in stress tests, buffers and so on.
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