Oireachtas Joint and Select Committees
Thursday, 1 February 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Tracker Mortgages: Ulster Bank
9:00 am
Paul Murphy (Dublin South West, Solidarity) | Oireachtas source
I find it hard to believe that Ulster Bank and the other banks did not anticipate that knock-on effect or, indeed, want it. Is Mr. Stanley aware that there was tension in the mortgage centre among the staff who were working on tracker mortgages and that the staff at ground level were put under pressure to not allow people back on to trackers and to get people off them? In some cases that I am aware of there were disputes. The union was involved. Staff members only agreed to do it on the basis of putting a note on the system which said that management had instructed them to do so.
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