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

11:10 am

Photo of Aideen HaydenAideen Hayden (Labour) | Oireachtas source

I am amazed that Mr. Masding says he would deploy that mechanism in a situation where it is not somebody's home but not where it is somebody's home. That is incredible. I would have thought the bank would take a much more generous position where it is somebody's principal residence rather than an investment property. I take what Mr. Masding says. We can rectify this situation by the bank's providing the information I have asked for and we can return to it again.

On affordability and sustainability, one of the witnesses indicated that they do not regard it as-----

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