Oireachtas Joint and Select Committees
Thursday, 22 February 2018
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised)
9:30 am
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
The regulations that are in place have played a role in dealing with the great human and economic trauma that we have gone through over the past number of years and that is why there has been progress in respect of mortgage arrears. Anybody who loses a family home to repossession is one too many but we have avoided the worst projections that were made. The number of repossessions that have occurred is low relative to expectations and to the experience in other countries. I reiterate that I will engage in a fresh examination of the regulations. The legal protections people enjoy in respect of their loan will not change depending on who owns the loan.
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