Oireachtas Joint and Select Committees

Thursday, 27 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Insurance Schemes: Discussion

11:45 am

Photo of Liam TwomeyLiam Twomey (Wexford, Fine Gael) | Oireachtas source

What the delegates said about the cap was interesting and we might return to that when we discuss this issue ourselves. The discussion this morning has been very interesting for us, some of it has been quite complex but we will tease it out when we have our own discussion on it. I thank the delegates for making their time available to us at short notice. The discussion will help us as we want to make our own submission on this. We had a request from the Minister for Finance that we as the finance committee put together a small report on this. We were not asked to submit it to the Central Bank but we decided that the most practical means is to submit it for the beginning of December. The Governor appeared before the committee yesterday and he expressed his own views on it and no doubt he will express further views on it. I thank the delegates again for making their time available to us and the discussion has been very useful. We will suspend the sitting and resume at 2 p.m. Is that agreed? Agreed.

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