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

12:55 pm

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

Why is the process not working? Why is it down to meeting targets? Mr. Duffy is telling me that the only way he can meet the target - that is, 50% of them overall, between the home loans and the buy-to-lets - is by instigating legal proceedings. How has it come to that point?

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