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
10:40 am
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
Mr. O'Sullivan, I have limited time. I do not buy that. The banks should have one of the best levels of financial expertise. I have no doubt Mr. O'Sullivan can press a button and the figure for the number in positive and negative equity will come up. I will take it that very few positive equity mortgages are included in that figure. In terms of the question I am asking, if Permanent TSB has someone on a tracker mortgage in positive equity but 90 days in arrears, what does it do with that customer?
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