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
11:20 am
Mr. Shane O'Sullivan:
Exactly. In the early days we primarily worked with customers we felt would be successful with respect to proposals for split mortgages and part capital and interest cases. In recent months we have worked to a greater extent with customers who to date have not been co-operating. That explains the increase from a very low base. One should not extrapolate that the increase in that quarter will continue.