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
3:10 pm
Pearse Doherty (Donegal South West, Sinn Fein)
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I welcome the fact that figures were presented to us earlier. It is hard to follow what the bank is doing. We wondered in the context of a previous questionnaire how we could be sure that the bank had offered sustainable solutions to people who had walked away from their family homes. I find it difficult to have any confidence, given that the bank has lost three court judgments. I have the two documents here. I can submit them to the witnesses. Last September, the bank reported that in respect of the second quarter of last year, there were 143 sets of legal proceedings in respect of mortgage arrears resolution targets. It now seems that all of those legal judgments, which had been enforced, have disappeared. Does Mr. Bell think the bank has presented the committee with inaccurate figures?