Dáil debates

Thursday, 15 February 2018

Questions on Promised Legislation

 

12:50 pm

Photo of Jackie CahillJackie Cahill (Tipperary, Fianna Fail) | Oireachtas source

I am sure the Tánaiste has a strong sense of the urgency around this issue in terms of it having been raised this morning by Fianna Fáil, Sinn Féin and by members of Fine Gael. There is an urgent need to introduce legislation to protect mortgage holders, particularly families, from the vulture funds. Permanent TSB has announced that it proposes to sell off thousands of loans. AIB will follow suit. We have to do something immediately. As the people elected to protect Irish citizens if we do not do something now, by which I mean this week, to protect these people, they will be at the mercy of vulture funds who have been ringing them daily causing huge distress.

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