Oireachtas Joint and Select Committees

Wednesday, 3 December 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Business of Joint Committee
General Scheme of Sale of Loan Books to Unregulated Third Parties Bill 2014: Discussion

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2:40 pm

Mr. Antoine Mac Donncha:

We can consider another hypothetical example. If a person's loan is owned by one of these special purpose vehicles, his or her complaint will lie against the servicer because the servicer is the person who will be dealing with him or her, in effect.

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