Oireachtas Joint and Select Committees

Thursday, 3 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Okay. And can you just explain to the inquiry how a bank would fund, let's say, a bundle of mortgages - an individual mortgage, a bundle of mortgages? Where does that money come from?

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