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
2:55 pm
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
That brings matters to a conclusion. I would like to thank Mr. Duffy, Mr. Murphy, Mr. O'Connor and Mr. Byrne for coming here this afternoon and assisting the committee in its ongoing process of looking at the many challenges ahead in resolving a very significant crisis for a lot of homeowners in this country. I particularly would like to acknowledge the follow-up since our last engagement and the actions that have been taken by them in acknowledging some of the comments from myself, Deputy Spring, Deputy Donnelly and other committee members. That acknowledgement has been reflected in action or a tweaking of the system by AIB. I note that as the process rolls out, the prescriptive measures in the Keane report represented a starting point. They were never seen to be the definitive list. We welcome any type of innovation that assists homeowners who are doing their best to meet their obligations and remain in their homes. That is the type of thinking we want to see.
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