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

1:15 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

The witnesses have shown us figures to the effect that 54% of their customers in arrears for 90 days or more have received proposals. The majority are either voluntary surrender or involved in a legal process. I welcome the witnesses’ frankness in giving us estimates of percentages and so on. Of those proposals, what percentage has been accepted?

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