Oireachtas Joint and Select Committees

Tuesday, 8 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process: (Resumed) Ulster Bank

2:20 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour)
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However, affordability can work on a cascading or waterfall scale. Is the assessment done on the basis of immediate affordability or is attention given to how that might cascade down over time?