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
Michael Fitzmaurice (Roscommon-Galway, Independent) | Oireachtas source
Three or four months ago, or maybe longer, Permanent TSB decided to take this approach. When it decided it would take 66%, did it at any stage consider writing to customers to ask whether they had families, friends or anybody else who would be interested? For example, a mortgage worth €300,000 would become €200,000. Could the mortgages not have been offered to the ordinary people rather than to vulture funds?
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