Kieran O'Donnell (Fine Gael)
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I wish to take up a few points. Mr. Sheridan, you said earlier that the Central Bank had limited powers if mortgages are bought by a vulture fund. Let us say you are dealing with a mortgage holder with one of the pillar banks who has an issue with that institution and, at the same time, you are dealing with a mortgage holder who has a similar mortgage with a vulture fund who has the same issue, be it over the rate they are being charged, the terms and conditions or how they are being enforced. How do you deal with both queries? Under the code of practice on mortgage arrears, when dealing with mortgage holders, how are they different in terms of your powers? I am seeking a practical example rather than you saying you have limited powers.