Results 3,601-3,620 of 9,252 for speaker:Jim O'Callaghan

Ceisteanna - Questions: National Security Committee (1 Mar 2023)

Jim O'Callaghan: 15. To ask the Taoiseach the membership and terms of reference of the national security committee chaired by the Secretary General of his Department. [10051/23]

Ceisteanna - Questions: Defence Forces (1 Mar 2023)

Jim O'Callaghan: 11. To ask the Taoiseach if he will report on the work of the high-level steering board, chaired by the Secretary General of his Department, to oversee the implementation of the high-level action plan for the Report of the Commission on the Defence Forces. [10050/23]

Ceisteanna - Questions: Departmental Functions (1 Mar 2023)

Jim O'Callaghan: 4. To ask the Taoiseach if he will report on the work of the social policy and public service reform division of his Department. [10049/23]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Jim O'Callaghan: I thank the witnesses for coming before the committee today. I also thank and commend them on the work they do on behalf of mortgage holders. We are used to having financial institutions come before the committee and the Central Bank comes in, but it is very difficult for us to get individual bank customers or mortgage holders to come in. Therefore, it is very important that we have people...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Jim O'Callaghan: We certainly agree that there should not be a difference. However, from the point of view of mortgage holders, am I correct in thinking that they find themselves initially dealing with a regulated bank that sees this as a 25-year or 30-year mortgage and then they find their business transferred to another financial institution that has as its primary objective the recovery of proceeds as...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Jim O'Callaghan: How did the person get into the category of non-performing loans?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Jim O'Callaghan: Are the witnesses aware of any mortgage holders where the cost at which their loan was sold to a vulture fund can be identified? Does the vulture fund say it bought a package and it does not identify the cost of each one?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Jim O'Callaghan: Presumably, when the vulture fund goes to court, whether it is looking for repossession or an award of damages, it would have to disclose the value it paid for the loan initially in order that its alleged loss would be calculated. Is that not correct?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Jim O'Callaghan: Has that information come out as a result?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Jim O'Callaghan: Okay. The point everyone seems to be making is that a person who entered into a mortgage with an ordinary regulated bank should be entitled to the same terms and conditions on that mortgage, even if it has been transferred over to a vulture fund. That is the point everyone is making. Mr. Burgess says that is not happening. Am I correct that Mr. Kissane is saying it should legally happen...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Jim O'Callaghan: I suppose it is very difficult for the individual mortgage holder, on top of having the distressed mortgage, to take on the cost of bringing a case.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Jim O'Callaghan: Mr. Hall said very distinctly that the Central Bank is conflicted in protecting banks and vulture funds and is too caught up in their regulation to be independent in trying to protect consumers. Given the conflict that he says exists, should there be a separate statutory body to deal with consumers?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Jim O'Callaghan: Mr. Burgess said this is not just about people who are in arrears but also people who are paying and are subject to the imposition of what would be viewed as extortionate rates of interest. Is that correct?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Jim O'Callaghan: Inertia does not just exist in Irish finance, I can assure Mr. Kissane.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Jim O'Callaghan: There is a stigma associated with it.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Jim O'Callaghan: They could move.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Jim O'Callaghan: I thank all three witnesses.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Jim O'Callaghan: Has anyone made that case? Is there any judgment on it yet?

Written Answers — Department of Public Expenditure and Reform: Court Accommodation (1 Mar 2023)

Jim O'Callaghan: 63. To ask the Minister for Public Expenditure and Reform the timeframe for the completion of the design and planning of the family law court at Hammond Lane; and if he will make a statement on the matter. [10399/23]