Oireachtas Joint and Select Committees

Wednesday, 26 February 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Sale of IBRC Mortgage Loan Book: Discussion

2:20 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour)
Link to this: Individually | In context | Oireachtas source

Mr. Wallace referred to the people in resolution processes. When the banks' representatives appeared before this committee, they told us that thousands of people were in resolution processes but we discovered that the resolution process was a letter telling people to engage with the banks. I would be interested to know what Mr. Wallace's resolution processes are. For instance, how many people in that book are in split mortgages or structured resolutions, rather than just written correspondence?