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

Mr. Kieran Wallace:

We have said that any borrower in IBRC, which is governed by the IBRC Act, can repay their debt at par. It is just the level of the debt that is outstanding. At the moment, just over 400 mortgage borrowers have repaid us in full.