Wednesday, 14 October 2009
National Asset Management Agency Bill 2009: Second Stage (Resumed)
Brian Lenihan Jnr (Minister, Department of Finance; Dublin West, Fianna Fail)
Nothing in the NAMA legislation will result in more repossessions of family homes. A robust, statutory-based code of conduct is in place to deal with mortgage repossessions, which I introduced. The revised programme for Government, as the Taoiseach stated during Leaders' Questions, commits us to enhance protections for mortgage holders who have a genuine problem. It ill becomes any Deputy to engage in such scaremongering for political purposes.