Oireachtas Joint and Select Committees

Thursday, 3 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

So, in any way, was this facilitated by the designing of mortgage products that seemed to have met the affordability criteria but, in actual effect, was camouflaging the price of the property or by extending the mortgage term? Like, so what we had here ... the design of the product was still meeting the affordability criteria but the price of the product was being camouflaged because of the product. As a proposition-----

Comments

No comments

Log in or join to post a public comment.