Oireachtas Joint and Select Committees

Thursday, 8 December 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Central Bank (Variable Rate Mortgages) Bill 2016: Central Bank of Ireland

9:30 am

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

I suspect they are paid on commission. They are not being paid on how the loan is performing directly, they are effectively being paid for going out and collecting. They are basically collection agencies for the primary lender.

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