Results 861-880 of 1,760 for speaker:Aideen Hayden

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Aideen Hayden: No, the Irish Mortgage Holders Organisation is completely at arm's length. I have had dealings with it, so I can confirm that. Second, with regard to this independent service and why it is necessary, one of the things about engagement with the bank, as the witness knows, is the standard financial statement, which many people find incredibly difficult. MABS, which is an expert body in terms...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Aideen Hayden: Is the witness saying the bank is not one of that 42%?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Aideen Hayden: The evidence of MABS to this committee was that 42% were queried. Its representatives raised a serious concern that they are not sustainable because financial institutions are trying to take too much money out of people's pockets. In the longer term they recommended independent stress testing of standard financial statements. I will move to the next matter. There are two issues that...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Aideen Hayden: My concern is that there is no independence in this process. What is deemed to be sustainable is entirely determined by the bank, and there is no independent review of that. That is the first point. The second point is sustainability. Can the witnesses tell me the number of mortgages that are in arrears of more than 90 days that they have deemed to be unsustainable? The reason I am...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Aideen Hayden: I am talking about the independence of the process and the fact that there is no independent appeals process in either situation. When I say "independent", I am not referring to the bank's internal processes, but something independent of the bank and the people who work in that organisation.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Aideen Hayden: I understand the process.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Aideen Hayden: An important point must be made about this. I know that under section 3.40 of the CCMA the bank must document the process and everything else. However, there is no obligation on the bank to inform the borrower about why decisions are reached. Under the basic principles of natural justice, does the witness think that is an equitable position?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Aideen Hayden: I have not seen that in my experience. That is all I can say on that point. I wish to make a final point about receivers. I can forward a submission to the witnesses about the point I wish to make. I understand that approximately 1,250 receivers have been appointed to buy-to-let properties under deeds of mortgage, with at least 800 of them appointed by Bank of Ireland. There is deep...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Aideen Hayden: There is a proposal to amend the Residential Tenancies Act 2004 to put receivers firmly in the shoes of landlords. I hope Bank of Ireland would not object to that proposed amendment.

Seanad: Order of Business (15 Apr 2014)

Aideen Hayden: I congratulate Dublin City Council, and particularly the individual concerned with enforcing minimum standards in private rented accommodation, on its recent sweep of substandard properties in the city and its bringing 70 landlords before the courts for their failure to meet minimum standards of accommodation. Unfortunately, the reality is that in the current environment, in which rents are...

Joint Oireachtas Committee on European Union Affairs: Voting Rights of EU Citizens: Discussion (Resumed) (15 Apr 2014)

Aideen Hayden: I will be somewhat provocative. We are talking about two criteria. One is citizenship, which is based on nationhood – in reality, a 19th century principle that precedes the European Union and the idea of a transnational identity. The second is the other pre-EU principle, which is that of subsidiarity. In other words, decision-making is brought down to the lowest possible level so...

Joint Oireachtas Committee on European Union Affairs: Voting Rights of EU Citizens: Discussion (Resumed) (15 Apr 2014)

Aideen Hayden: If he does not mind my saying so, there seems to be a consensus between Deputy Halligan and Deputy Dooley that we will have the engagement of Irish citizens outside this country at the level of power – I say that with no disrespect to the Seanad, of which I am a Member – at which they will have the least say in what is happening in the country. I would be interested in hearing...

Joint Oireachtas Committee on European Union Affairs: Voting Rights of EU Citizens: Discussion (Resumed) (15 Apr 2014)

Aideen Hayden: The point was that the Deputy mentioned the presidential and Seanad elections but not the Dáil.

Seanad: Order of Business (17 Apr 2014)

Aideen Hayden: First, in response to Senator Mooney, let there be no doubt that the Tánaiste has made the position clear. The Labour Party is only too well aware of the fact that one quarter of households in Ireland will be metered and it will not be signing up to any water charges system that does not take into account fairness, equity and ability to pay. This point should be put on the record.

Seanad: Order of Business (17 Apr 2014)

Aideen Hayden: On the issue of Irish families currently living in hotels because they have nowhere else to live as they are homeless, I welcome the announcement by the Leader the day before yesterday that Members would have a discussion with the Minister for Social Protection on 28 May to consider the role of rent supplement in this debacle. All Members are only too well aware that in the urban areas in...

Seanad: Order of Business (17 Apr 2014)

Aideen Hayden: Objection. It is outrageous to suggest any political party has gerrymandered constituency boundaries.

Seanad: Order of Business (17 Apr 2014)

Aideen Hayden: That is absolutely outrageous.

Seanad: Order of Business (17 Apr 2014)

Aideen Hayden: I ask that the remark be withdrawn. It is outrageous. An independent electoral commission sets the boundaries. The Senator's accusation is outrageous.

Seanad: Order of Business (17 Apr 2014)

Aideen Hayden: On a point of order-----

Seanad: Order of Business (17 Apr 2014)

Aideen Hayden: Yes, it is. An independent electoral commission sets the boundaries. It is outrageous and a slur on the Government parties and this House for the Senator to make those accusations.