Oireachtas Joint and Select Committees

Thursday, 6 December 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Sale of Permanent TSB Mortgage Loans: Discussion

2:00 pm

Photo of Gerry HorkanGerry Horkan (Fianna Fail) | Oireachtas source

Let us say that a customer is two year's away from that point, is currently meeting the terms of the restructure but the payment that will fall due is significant. Typically, how much gets warehoused? How much of the original loan is warehoused? If the loan is €100,000, for example, have the banks been warehousing €70,00 or €80,000 or is it more like €10,000 or €20,000?

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