Oireachtas Joint and Select Committees
Wednesday, 22 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
Okay. So, when, when we hear from NAMA, as we have heard in this committee, and other committees of the House have heard from NAMA, about poor loan documentation - not specific now to Nationwide, but generally, in the, the loans they came across from the participating institutions - poor loan documentation, cross-collateralisation, security not being properly pinned down legally, you, you present a different picture of your experience with the banks in Ireland, that the process you submitted appears to have been quite, quite thorough and comprehensive.
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