Oireachtas Joint and Select Committees
Tuesday, 30 January 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Tracker Mortgages: Bank of Ireland
7:10 pm
Ms Francesca McDonagh:
We would examine whether the loss of ownership through surrender was or was not attributable to the tracker issue. In other words, was the tracker issue the reason they got into financial distress? Those are the cases we have referred to. In some cases the financial distress or challenges around the property were independent of the tracker issue. We would make sure the two are clearly differentiated.
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