Results 2,501-2,520 of 5,587 for speaker:Kevin Humphreys

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Insolvency Service of Ireland (30 Apr 2014)

Kevin Humphreys: Will Mr. O'Connor outline what he thinks is driving the bank's policy in this regard? I have no wish to be unfair to Bank of Ireland and I must state that a similar position was outlined by several of the financial institutions which came before us. Are policy statements of the kind to which I refer designed to get across a message to the effect that the banks are very tough on people who...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Insolvency Service of Ireland (30 Apr 2014)

Kevin Humphreys: In the context of dealing with the overall matter, have our guests come across mortgage-to-rent solutions in their dealings? There have been a number of submissions to the effect that there are roadblocks in place in respect of mortgage-to-rent arrangements. Is Mr. O'Connor in a position to indicate whether the ISI has had experience in this regard? Does he have any recommendations to make...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Insolvency Service of Ireland (30 Apr 2014)

Kevin Humphreys: I accept that the roadshow is going to swing into gear but in what other ways might we communicate information to people? The changes brought about by the new bankruptcy legislation have empowered people in debt with regard to their dealings with their banks. The changes to which I refer constitute a mechanism that is designed to force the parties involved to negotiate realistically. From...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Insolvency Service of Ireland (30 Apr 2014)

Kevin Humphreys: Mr. O'Connor referred earlier to instances where this does not happen.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Insolvency Service of Ireland (30 Apr 2014)

Kevin Humphreys: Where people want to remain in their homes and where there are viable solutions on offer, in some cases the attitude and the policies of the banks - which is not to write down anything on the secured debt - is to force people out of their homes. This is despite the fact that there would be a greater return if they facilitated a certain level of write-down.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Insolvency Service of Ireland (30 Apr 2014)

Kevin Humphreys: I had a problem with the representatives of Bank of Ireland when they came before us because it appears that their institution has closed down to some degree in respect of this matter, even though it is in its interests to engage and in certain - but not all - circumstances to write down some of the secured borrowings involved. However, it is refusing point blank to do this and there...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Insolvency Service of Ireland (30 Apr 2014)

Kevin Humphreys: I will not delay the meeting. I wish Deputy Ciarán Lynch the best in the difficult and - if the social media are correct - probably challenging position as chairman of the banking inquiry. It is long overdue. The right man has been picked to chair that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)

Kevin Humphreys: I seek clarification on something that was said earlier. I agree with the clarifications the Governor gave earlier about the sustainable solutions and that in certain circumstances the payment of interest only is a sustainable solution. A deal that would run into retirement in certain circumstances is also a sustainable solution,-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)

Kevin Humphreys: -----depending on the issues. Could that be circulated to the banks? The Governor mentioned that he had communicated on occasions to the banks but that he deals with different people at different levels and often the messages are not conveyed across all sections. Is there a mechanism that would allow him to communicate that clearly to them?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)

Kevin Humphreys: I have one other question before I pass over to Senator Hayden. I had an interesting engagement with the chief executive of Bank of Ireland, Mr. Boucher, at the last meeting. He made a blanket policy statement on the manner in which he will deal with personal insolvency practitioners. He said there would be no write-down ever and that it was not the bank's policy in any circumstances. I...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)

Kevin Humphreys: I wholly agree, but what can the Governor do about it?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)

Kevin Humphreys: Two.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)

Kevin Humphreys: If it is two then it is too many.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)

Kevin Humphreys: No, exactly. It is a stated policy. Mr. Boucher has made a statement. I have no wish for any homeowner to be a test case. The bank has stated the position on the public record at this meeting. The Governor has now explained that if the bank follows through on that statement and policy then it would be a breach of the code of conduct.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)

Kevin Humphreys: I am not Deputy McDonald.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)

Kevin Humphreys: I have no wish for anyone to go through unnecessary worry, stress or hardship. The bank has made the statement clearly. The Governor can look back on the record. I believe the representatives treated this committee with great disrespect in their manner and considering the code of conduct and the legislation. We are all big boys and girls around the table and we can take it, but I have no...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)

Kevin Humphreys: I thank the Governor.

Written Answers — Department of Defence: Defence Forces Properties (1 May 2014)

Kevin Humphreys: 156. To ask the Minister for Defence if he will arrange for the wall separating Cathal Brugha Barracks, Rathmines and Greenfield Place, Dublin 6 to be adequately repaired (details supplied); and if he will make a statement on the matter. [19753/14]

Written Answers — Department of Transport, Tourism and Sport: Road Safety (1 May 2014)

Kevin Humphreys: 195. To ask the Minister for Transport, Tourism and Sport the criteria for establishing a 30 km speed limit in a residential area under existing legislation; and if he will make a statement on the matter. [19774/14]

Written Answers — Department of Transport, Tourism and Sport: Road Safety (1 May 2014)

Kevin Humphreys: 196. To ask the Minister for Transport, Tourism and Sport if it is possible for dense urban residential areas (details supplied) to be designated as 30 km per hour zones; if not if he will consider amending the legislation to provide for such areas; and if he will make a statement on the matter. [19775/14]