Bernard Durkan (Kildare North, Fine Gael) | Oireachtas source

Legislation is promised to address the issue of the sale of distressed loan books to unregulated financial institutions. What is the progress of that legislation? Will it come before the House and be passed before the summer recess? If not, would it be possible to issue guidelines, which would at least give homeowner-borrowers similar protection to that received by the same original financial institutions in the banking guarantee?

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