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

Can Mr. Sheridan clarify for me whether there are any restrictions now on who can buy a bundle of loans? If I were a wealthy individual, could I buy a bundle of mortgages and engage Pepper as a credit servicing firm to administer them and act as the contact point?

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