Oireachtas Joint and Select Committees
Thursday, 9 May 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Matters Relating to the Banking Sector (Resumed): Ulster Bank
Mr. Paul Stanley:
We will look at it but the only instance I can think of is that some loan sales are done in part and we still service the loans for a period of time before we hand them over to the servicer of the acquiring party. We will follow this up. It could be in those instances that even though the loan has been sold, it will be passed over for servicing six months later. It could be in those instances that what the Senator referred to has occurred.
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