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

12:40 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

There is much that is thrown at the banks that we should be the ones considering. I do not approve of some of the banks' actions, but they have been given the power to do them and are probably behaving rationally from their own point of view.

The criteria for mortgage-to-rent solutions might rule some people out, at which time Bank of Ireland moves towards repossession.

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