Oireachtas Joint and Select Committees
Thursday, 22 March 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Proposed Sale of Non-Performing Loans to Private Investment Funds (Vulture Funds): Permanent TSB
9:30 am
Mr. Jeremy Masding:
We have pursued a wide range of options since 2012. We have used short-term treatments and long-term treatments; we are desperately keen to get mortgage-to-rent to scale as quickly as we can; we have used assisted voluntary sale. The point I am making is that we are running out of options and an option we must now consider now is loan sales.
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