Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I accept that but one can be fairly certain on what will happen. The new owners of the loans will not take any risk of possible non-compliance by the service provider. They will make sure contractually that they are covered and indemnified on that issue. Is that the road we want to go down where the actual owner of the mortgage is effectively exempt from compliance because he or she has no skin in the game as such whereas the service provider does in terms of reputation and commercially? If it comes to the possible new restructuring of a loan are all decisions made by the service provider?