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:

There is an observation internationally. These firms are global and are not just in Ireland. Some of the risks that we consider at a European and international level include the possibility of these firms collectively pursuing similar strategies, deciding to sell at the same time or the funding underlying them changing. At that macro systemic level, we are examining this matter as part of a wider international effort. At the level of the consequences for individual tenants, though, that is a social policy issue.

Comments

No comments

Log in or join to post a public comment.