Oireachtas Joint and Select Committees

Thursday, 28 May 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of the Banking Sector: Central Bank of Ireland

2:00 pm

Photo of Arthur SpringArthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

It is not repossessing them. Having persons out of negative equity allows a house to be an asset rather than a liability on the bank's balance sheet.

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