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
4:40 pm
Aideen Hayden (Labour) | Oireachtas source
I am a lawyer and realistically speaking the vast majority of mortgage deeds allow a lending institution to foreclose.
I think the point has already been made by Mr. Joyce. Realistically speaking, if one was to read the vast majority of mortgage deeds, one would see that they would enable any lending institution to literally foreclose on a mortgage with 30-days notice.
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