Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

As providers of mortgage insurance who were operating during the property boom - I am aware the witnesses say this was also common practice before the property boom - how many customers would have availed of their products? The witnesses' organisations were in the market during the property boom and the reason they are not in the market any more is that the 100% loan portions they insured are not longer issued. These 100% loans defaulted despite the second pair of eyes scrutinising them. What is to say that, by increasing the loan-to-value ratios again, we are not going to see exactly the same type of practice in the future?