Oireachtas Joint and Select Committees
Thursday, 27 November 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Mortgage Insurance Schemes: Discussion
10:55 am
Mr. Simon Crone:
It was not, as nobody expected the crisis to evolve as it did in Ireland. Going forward, it should align very closely with the mortgage arrears resolution strategy and claim payments should align with the framework that is right and starting to take effect and have an impact on the arrears position in Ireland. It needs to dovetail with the mortgage arrears resolution strategy.
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