Oireachtas Joint and Select Committees
Wednesday, 13 December 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Credit Servicers Directive: Discussion
John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
I will go back to my bank again, and the person with the mortgage who is a customer in trouble. It is sold on to the vulture fund, and the banks sell that at a knockdown price and they set that off against their losses. Is that correct?
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