Oireachtas Joint and Select Committees
Wednesday, 13 December 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Credit Servicers Directive: Discussion
Mr. Edmund Honohan:
That is how the chain of title is achieved. A sale by a receiver is one way of avoiding the need to go to court. If a receiver is appointed, you can sell as mortgagee in possession and he or she can sign it off. It is a receiver sale. The loan originator does not have to be involved at all, so it does happen. It is the convenience.
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