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

Mr. Byrne went to Pepper and said he can refinance this at a rate of €305,000. From what he told me, I assume the outstanding loan is €340,000. There is no doubt that Pepper got a larger haircut than that when it purchased this loan in the first place. Has Pepper just point blank refused to sell the loan?

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