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

On page 4 of the slideshow that was presented in advance, it refers to mortgage arrears resolution targets, MART, and non-MART treatments to the end of the first quarter of 2014. The bank has almost 10,000 cases under the general heading of "closure", which then is broken down further. Can the Mr. O'Sullivan reconcile this with the figures provided on the spreadsheet which, in terms of legal proceedings, were considerably lower for both principal dwelling house, PDH, and buy to let, BTL, properties? How can Mr. O'Sullivan reconcile these figures?

Comments

No comments

Log in or join to post a public comment.