Kieran O'Donnell (Fine Gael) | Oireachtas source

My concern is simple. It is whether many of these funds that are purchasing mortgages are structured in a way that they can deal with the long-term requirements of the mortgage holders whose loans they purchased or if they are effectively asset disposal agencies in a different form. My concern is that they are 100% geared for this, as I said earlier. There is a stability aspect to that. Has the Central Bank looked to that area to ensure that the funds that are purchasing these mortgages are sufficiently resourced with expertise and long-term financial structures to be able to deal with the mortgages they have purchased? Does that have any implications for financial stability, which is the primary remit of the Central Bank?