Joe Higgins (Dublin West, Socialist Party) | Oireachtas source

-----of the core documents. 24.31% of home loans approvals exceeded affordability; and buy-to-let cases ... 15.82% were outside policy. And in a further letter from the regulator, which is page 21, in relation to the level of exceptions to policy ... "The level of exceptions to the Credit Policy for the eleven months to 30 November 2007, was 29.2%" but in 2006 it had been 42.1%. Is that an inordinate exception level and was Ernst and Young concerned about the extent of loans that fell outside policy?