Oireachtas Joint and Select Committees
Thursday, 18 January 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Tracker Mortgages: Central Bank of Ireland
9:30 am
Professor Philip Lane:
In terms of the framework, it ranges from zero to unlimited for many homeowners concerned. It is not the case that there is a formula in which there is a cap. It is important to make that point. As we get closer to having the full set of cases processed, we will come back to the committee with much more detail about the distribution. It is important to convey more of how this is panning out in terms of the categories of smaller claims, so we will do that. At present, because we only have a partial list, it would be misleading to get into-----
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