Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

On the issue of the portfolio loan sales, is the Central Bank supportive of ethical funds buying the portfolios? I refer to funds that specialise in mortgage-to-rent arrangements that would allow the current homeowner to stay in the home as a tenant as opposed to a mortgage holder. What is the Central Bank's view on loans being sold to such funds as opposed to so-called vulture funds?

On vulture funds, as we call them, what handle does the Central Bank have on the suite of options available? This was raised earlier by Senator Conway-Walsh. Under the CCMA, there is a requirement to consider the forbearance measures offered, not the full suite. For each fund that has bought these loans and is continuing to buy them, does the Central Bank have a list of the forbearance measures it considers? I refer to Cerberus and Lone Star. Do the officials know precisely what they are offering consumers by way of restructuring and forbearance options ?