Dáil debates
Tuesday, 8 April 2014
Other Questions
IBRC Mortgage Loan Book
3:45 pm
Éamon Ó Cuív (Galway West, Fianna Fail) | Oireachtas source
The Minister has some arrangement in place, but if a client is in dispute with the financial institution that has bought his or her loan, where does he or she go to enforce the rights he or she would have been able to enforce if the institution was covered by the legislation as a covered institution? Is all of this not putting the cart before the horse? Why did the Minister not introduce the legislation first and make the sale second, rather than making the sale first, leaving people vulnerable and then trying to bring forward the legislation retrospectively? They are two specific and separate questions.
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