Oireachtas Joint and Select Committees

Thursday, 27 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Insurance Schemes: Discussion

10:25 am

Mr. Simon Crone:

We are all about transparency. There is no commission in this premium. In some countries, for example, Finland, it works differently and is passed on transparently to the borrower as a line item in the loan closing documentation. The borrower is very aware of it. Both models can work. We believe it is more straightforward for the lender to pick up the cost directly.

Comments

No comments

Log in or join to post a public comment.