Oireachtas Joint and Select Committees
Wednesday, 9 April 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB
11:00 am
Mr. Shane O'Sullivan:
That would be one of the options. At the end of the term a customer could also refinance through another bank, trade down to a smaller property or at that point the customer might have a lump sum that could pay the outstanding amount. Therefore, there are a number of options at the end of the term.