Oireachtas Joint and Select Committees
Thursday, 10 April 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland
10:40 am
Thomas Byrne (Fianna Fail) | Oireachtas source
That brings me on to the mortgage-to-rent customers. Mr. Mason used the word "hope" in this respect, and that is the key word in regard to mortgage-to-rent customers. I think he said that the bank has only completed one. I certainly fault the Government for much of that, but the bottom line is that the first condition of the mortgage-to-rent scheme is that the customers must be approved by the bank. Is that not right, that the bank must put them forward?
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