Oireachtas Joint and Select Committees
Wednesday, 27 May 2015
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Consumer Protection (Regulation of Credit Servicing Firms) Bill 2015: Committee Stage
5:15 pm
Peadar Tóibín (Meath West, Sinn Fein) | Oireachtas source
It would disadvantage me as a mortgage holder not to know who is holding my mortgage. My strategy in terms of engaging with my mortgage owner would be governed, to some degree, by who that owner is; it could be a vulture fund which looks to repair the mortgage and deal with it or a vulture fund which has a track record of seeking to repossess as fast as possible to realise a profit.
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