Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

This issue needs to be looked at in the round. I appreciate that they are loss making but if an individual is willing to take out a bigger loan with a bank and a portion of that loan will have a variable interest rate, which is a financial gain for the bank, it makes sense for the bank to facilitate that move. It makes complete sense for the bank because it will be in a healthier position as a result.

Does the Minister have any information about the number of people whose mortgages have been restructured and who were on trackers but are no longer on them? There is a great fear that the banks have been encouraging people off trackers.

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