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
12:00 pm
Stephen Donnelly (Wicklow, Independent) | Oireachtas source
Ulster Bank's representatives did not say that to the committee. Ulster Bank has 14,000 mortgages, compared to Bank of Ireland's 11,000, and it has initiated 1,700 legal proceedings. Again, Bank of Ireland's has initiated more than twice as many legal proceedings relative to the number of mortgages under consideration.
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