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
Mr. Paul Stanley:
With the exception of loss of ownership customers where, in effect, we facilitate a write-down if there is a residual amount after we do the calculations, the bank does not currently allow write-downs. However, we are readjusting the customer balance back to what it should be. Customers could still be in arrears and difficult circumstances and there is a process through which the bank has to work ------
No comments