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. Angel Mas:

I will not get into ideology but rather deal with practical matters. The State budget is limited and we know there are many areas, such as social housing, where the private sector would probably struggle more in participating than in this segment, where there is plenty of international capacity and experience. We are a for-profit company but we also serve a purpose for forbearance.

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