John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

In the past few weeks and last night on "The Late Debate" a lady came forward whose house had been repossessed, the bank having pursued her relentlessly. The amount of money involved was €60,000. She gave her experience and on radio poured out her life story. Her case is similar to many I have heard and the bank continues to pursue her. I say this in the light of what Mr. Dombrovskis said when he appeared before the committee. He said a country-specific recommendation made by the Commission was that, as part of the solution, the banks should write off the debt in order to correct their books and move on. No one appears to be interested in dealing with the reality of these cases. I again ask the Minister in relation to the regulation whether he thinks his review of the 2015 Act and the pending crisis for homeowners will be concluded and in place before a ptsb sale. Is that his intention or is it something he will do in due course? We have a report which was completed and agreed to this morning on vulture funds and and their refusal to participate by coming here. Even the regulated entities have refused to come to discuss the issue with us. We are laying the report before the Houses of the Oireachtas and asking for a debate on it. We are responding to public concern about the crisis. Will the Minister have the regulation in place before the sale of the ptsb loan book?