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

4:00 pm

Mr. Maurice Crowley:

We would not know for sure as we are not privy to the contracts but our expectation is that, by and large, the decisions would be taken by the service provider, based on a clear set of parameters and a clear set of mortgage solutions which meet an arrears capitalisation or split mortgage.

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