Dáil debates
Wednesday, 3 October 2018
Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation
12:45 pm
Willie O'Dea (Limerick City, Fianna Fail) | Oireachtas source
The Taoiseach will be aware that Permanent TSB is in the process of selling almost 7,500 loans linked with family homes to a vulture fund, Start Mortgages. There is a specific provision on page 29 of the programme for Government which states unequivocally that "we will provide greater protection for mortgage holders and tenants and SMEs whose loans have been transferred to non-regulated entities", in other words, vulture funds. What action has been taken on foot of that commitment?
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