Mr. Padraic Kissane:

The banks have told me in writing that they do not advise. An interesting issue in Mr. Mallon's reply is the stress testing of a mortgage. The stress testing of a mortgage in the case of Ms Grogan, Ms Ryan or any of the bank customers present would have been the interest rates at the time plus 2%. How did the margin become 3.25%? I can challenge the banks. My door is open. I am a reasonable person and have been waiting since 2009 for a position of correctness to be presented to me by the banks. I have submitted many ideas and suggestions. I did so recently regarding an argument about probably another 136 with PTSB. How many were adopted? None. I have been told I should write a book about my dealings with banks. However, there are more serious aspects on a broader scale to what is going on. My long-term intention is to really change the game and start doing mortgages. The product name would be the European mortgage. KBC is shouting from the rooftops about its offering a rate of 2.95% fixed for ten years. The ten-year fixed rate in Germany is currently 1.15%. We are still being shafted. The housing crisis is connected to every tentacle of the issues of the country. Some people are homeless are a result of what has gone on. Some of those trying to buy homes today have to go back to the same perpetrators in order to do so. Banks are no longer offering tracker mortgages to new customers. Could members imagine the headline in newspapers tomorrow morning, "Padraic Kissane introduces tracker and full-term fixed-rate mortgages to the marketplace"? That would show the banks and it is what needs to happen. Banks would be offering tracker mortgages again within a month.