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
12:45 pm
Mr. Fergus Murphy:
No, absolutely not. Interestingly, the weighted average loan to value of the total portfolio of new business we are doing currently is 72%. We are not coming across this small gap between 92% and 100% or activity like that. It would not be possible for that type of activity to take place with a 72% average LTV.
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