Results 741-760 of 12,033 for speaker:Regina Doherty
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)
Regina Doherty: Could I have a round figure for the amount the State invested in Bank of Ireland in recent years to underpin its losses?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)
Regina Doherty: What amount was required to save the bank?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)
Regina Doherty: We can split hairs about language.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)
Regina Doherty: Does Mr. Boucher believe the spirit of giving the money was to assist the bank due to the difficulties caused by people who were not financially secure enough to maintain the financial arrangements for their loans, commercial loans and mortgages they took out?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)
Regina Doherty: We can split hairs in that regard. Of the 682 split mortgages that were reported on 31 December last year, it appears that many of them were not for people in the mortgage arrears resolution targets process. Why would the bank give a split mortgage to someone who was not in financial difficulties? Based on the numbers, could someone explain why it is so much easier to give split mortgages...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)
Regina Doherty: A total of 81 of them were given this year.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)
Regina Doherty: It was far easier for the bank to give a split mortgage to the 601 people who went from the bad book at the end of September to the good book at the end of December than the 11,500 people who remained in the bad book, as only 81 of those people had split mortgage arrangements. Could someone explain to me the difficulty between-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)
Regina Doherty: But Mr. Boucher’s colleague just said to me that 601 people were in arrears at the end of September but managed to get themselves out of arrears.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)
Regina Doherty: I am sorry.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)
Regina Doherty: Could Mr. Mason do me a favour? Could he break down the figures for us? It is important to clarify the position given that only 81 split mortgages have been offered to the 11,500 people who remained in the MART process at the end of December versus the 601 that were given to the other combination of people who either were not in financial difficulties, were in default for less than 90 days,...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)
Regina Doherty: Is this page 187?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)
Regina Doherty: It still does not relate to the figures in the other presentation on the last quarter. I am not splitting hairs. I am trying to get to the scenario that will make it easier for Mr. Boucher to answer the reason it was easier to give split mortgages to the 601 people than it was to the 11,500 people to whom only 81 split mortgages were given.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)
Regina Doherty: Regarding the people who clearly have not been able to afford sustainable solutions with the bank, namely, the 661 assisted voluntary sales or voluntary surrenders in the past year, how many of those were in the mortgage arrears resolution process, MARP, and had received a sustainable solution prior to the bank assisting them to voluntarily sell their home?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)
Regina Doherty: Even a mortgage-to-rent solution would not have been offered to those people.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)
Regina Doherty: All of those people, who knew that after the bank sold their house they would still have the remaining debt from the house hanging over them because the bank does not do debt write-off, saw fit to refuse a mortgage to rent solution. Is that what Mr. Mason is saying?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)
Regina Doherty: Agreed.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)
Regina Doherty: The 661 assisted sales and surrenders did not qualify for the mortgage to rent process.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)
Regina Doherty: Of the people that would have found themselves at the very late stages in the bank's legal process, how many of them were offered mortgage to rent and took it?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)
Regina Doherty: Of the 661, will Mr. Mason come back to the committee in writing and detail the sustainable solutions that were offered and the reasons they either did not work, as in they were not eligible, or they were refused by the client?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)
Regina Doherty: I was classifying it as a solution for the family to remain in their family home so on that basis, yes.