Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

To tease out how the proposed Central Bank rules would work - the rules are not finalised yet, so we cannot be certain what the final outcome will be - if it sticks with the current proposal of an 80% loan-to-value ratio, LTV, Mr. Crone is suggesting that, for example, somebody could actually borrow 90%, but 10% of that would then be insured through a product offered by one of the witnesses.