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

Mr. Brendan O'Connor:

I do not have the average number but I can say that in respect of the split mortgage the cases that received a lot of publicity are significant outliers. In many cases of split mortgage, it can be de minimisdebt write-down or none. Without wishing to be evasive, the assisted voluntary sale depends on where the property is situated, etc.

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