Oireachtas Joint and Select Committees

Wednesday, 22 October 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functions: National Asset Management Agency

3:20 pm

Mr. Brendan McDonagh:

Usually when somebody seeks to purchase a house he or she will have a letter approving funding in the first place. On the residential side, the receiver is obliged to get the best price on the basis that the purchaser can actually deliver the money.