Oireachtas Joint and Select Committees
Thursday, 19 October 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Engagement with the Central Bank of Ireland
9:30 am
Professor Philip Lane:
They are cases in which we think there was some movement over the lifetime of the mortgage - in other words, that the tracker rate on day one is not the rate over the lifetime of the relationship between the debtor and the bank. This would trigger questions as to why that was and whether it was perfectly okay or whether there was some problem with them.
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