Oireachtas Joint and Select Committees

Wednesday, 21 June 2023

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Investment Funds (Resumed): Irish Mortgage Holders Organisation

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

That frustrates me for a number of reasons. I have written to all the main banks. I have also written to the Governor of the Central Bank. There is an absolute moral obligation on these banks to create a pathway for people to be reintegrated back into mainstream lending. What happened in the past has to be undone now. Banks have to create a pathway. For me, Permanent TSB has a responsibility to people who are paying €146,000 more on their mortgage, if the rates remain the same, than they would with Permanent TSB. It has a responsibility to create a pathway back. Did Mr. Byrne have discussions with Permanent TSB as the original lender?

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