Oireachtas Joint and Select Committees
Thursday, 4 April 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Matters Relating to the Banking Sector: Bank of Ireland
Ms Francesca McDonagh:
Yes. Regrettably, we identified a number of cases that involved a loss of residential homes. In total, ten accounts, that is, ten properties, identified as being affected by tracker mortgages involved the loss of a residential home. It is obviously a very poor and negative outcome resulting from what happened with tracker mortgages.
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