Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I wish to ask Mr. David Hall a question on restructured mortgages, of which he has a lot of direct experience. Are funds restructuring loans or not? We have the Central Bank's quarterly mortgage arrears statistics which tell us the number of restructured loans on the books of unregulated loan owners. However, the statistics cannot tell us whether the fund did the restructuring or whether it was done by the originator of the loan, that is, done by the bank before it was sold on to the fund. We have asked the Central Bank to come back to us with that data. We want to know to what extent these funds are restructuring mortgages. Are they doing so?