Rose Conway Walsh (Sinn Fein) | Oireachtas source

I understand that. We met the ECB and the ECB explicitly told us that it was not putting pressure on the selling off of loans. It also appeared to be concerned about what was happening and that it was not to work through these loans. These loans are performing loans as far as we are concerned, that is, split mortgages with people's circumstances improving and with people meeting their obligations. They are not reckless people in the way that the banks in this country have been. These are responsible citizens who are trying to hold onto their homes for themselves and their children and that is the bottom line. They are the people we are here to represent. These people will find it difficult to deal with Pepper. They looked at all the banks when they were taking out their mortgages and they looked at the bank that they thought would most service their needs. They made the decision that it was the Permanent TSB. Now they find themselves with an operation that is operating in Australia, Britain, Spain and South Korea. They want to know how all that will impact on them. Let me ask a very simple question. Where are the deeds of their homes going to be held?