Susan O'Keeffe (Labour) | Oireachtas source

Mr. Goggin, when he came in here, gave evidence on ... and it's on page 19, but I'll just tell you roughly what he said. He said he had a meeting with you at which you both discussed 100% mortgages and the worries around them. And he said to you, he said "My reaction to him [that's you] was that he was wasting his time [talking about applying higher capital weightings to 100% mortgages]". He said "to be helpful, I suggested to him that he immediately ban the provision of mortgages of more than 90%. I told him ... I would come out and back him publicly. [And] The reaction I got was it wasn't the role of the regulator to interfere in the market. To which my response was, this is the very time the regulator should interfere in the market."