Oireachtas Joint and Select Committees

Wednesday, 9 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB

10:20 am

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Yes. From the perspective of Permanent TSB, what is a sustainable mortgage? How does the bank define it, how does it measure it and how does it decide that one customer falls on one side of the fence as being unsustainable, while another is deemed to have a sustainable mortgage? What is Permanent TSB's definition?

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