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

2:10 pm

Mr. Kieran Wallace:

All I can say is that ours is not the first loan book sold in the State. As far as I am aware, there have been two others. I know of circumstances in which borrowers have been able to buy out their loans from the new purchaser. The issue is outside our control.