Kieran O'Donnell (Fine Gael) | Oireachtas source

This is about non-disclosure. If the banks are undercharging customers - I have seen this over the years - they pursue them with a vengeance in order to get the correct rate back. They do not ask whether the lower rate actually saved the individual. They just take the money back. I have seen this happen to countless clients over the years. Just because there was a cohort with tracker mortgages who were not impacted upon to a monumental degree does not get away from the point that they were on the incorrect rate. Some people were driven out of their homes.