Oireachtas Joint and Select Committees

Thursday, 7 December 2017

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

Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion

9:00 am

Mr. Ger Deering:

It probably would have been lower because at the time the decisions were coming pretty quickly. There is a significant difference if somebody is put back on a tracker rate within a year. It is still wrong, but that is very different to the length of time people have to wait now. I do not think we are comparing like with like. My impression is that the compensation was less, but issues were rectified more quickly.

Comments

No comments

Log in or join to post a public comment.