Results 1,441-1,460 of 4,002 for speaker:Rose Conway Walsh

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Discussion (16 Jan 2018)

Rose Conway Walsh: If it is that amount or even higher, what it says to me that is that this is the variance between the ECB rates and what is being charged here. With regard to the extortionate rates people are charged for mortgages here compared with those in Germany, which has far lower percentage rates, is there anything the Minister can do to address that or are we at the mercy of the banks in terms of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Discussion (16 Jan 2018)

Rose Conway Walsh: Does that not indicate it is the consumer who pays at the end of the day? Right across the board, all banking customers are paying for this scandal and indeed the tardiness of Governments in dealing with it, which I find concerning. It does not just concern the interest rates people are paying, which is something that must be addressed soon, but also relates to the treatment of banking...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Discussion (16 Jan 2018)

Rose Conway Walsh: Does the Minister agree with the AIB plan regarding VAT reduction in the sector that was mooted at the weekend in the media?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Discussion (16 Jan 2018)

Rose Conway Walsh: Has AIB presented the Minister with that plan?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Discussion (16 Jan 2018)

Rose Conway Walsh: If it were to present the plan to the Minister in terms of VAT reduction, is it something-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Discussion (16 Jan 2018)

Rose Conway Walsh: Addressing the supply side is very important because it speaks to us in terms of the developers again trying to get in and do what they want. This means that vested interests, no more than the banks, are in the middle of it. The latter would be of huge concern to me if I were Minister for Finance.

Seanad: Order of Business (17 Jan 2018)

Rose Conway Walsh: I start by wishing everybody a happy new year. I congratulate the Cathaoirleach on his marriage to Con.

Seanad: Order of Business (17 Jan 2018)

Rose Conway Walsh: Not the Cathaoirleach.

Seanad: Order of Business (17 Jan 2018)

Rose Conway Walsh: I think we would have heard about that, a Leas-Chathaoirligh.

Seanad: Order of Business (17 Jan 2018)

Rose Conway Walsh: I congratulate the Leader on his nuptials over the Christmas period. I also send the solidarity of the House to Joanne Hayes and her family. I acknowledge the absolute injustice and torture she suffered at the hands of the institutions. One can only come to the conclusion that there was absolute collusion between individuals working in those institutions to be complicit in her torture over...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Rose Conway Walsh: I thank Professor Lane for his presentation. I want to acknowledge the change in pace and attitude towards the tracker mortgage scandal in recent months. While we still have some way to go, I want to acknowledge what has been done to date. If I go into a bank this afternoon to seek a mortgage, how do I know that I am being offered the product that is right for me or the best possible...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Rose Conway Walsh: What sanctions are there for a bank if it offers me a product that is going to cost much more than another one that is available?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Rose Conway Walsh: I thank Professor Lane for that information but if the Central Bank found out today that there was a product available that suited a large number of people and best met their needs but that not all of the banks were offering it, what would the approach be and what sanctions would be applied? What would happen if that was the case across the board?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Rose Conway Walsh: I am referring to those people who went into a bank to get a mortgage at the time that tracker mortgages were available but were not told about the tracker mortgage rate or were not offered such a mortgage. Is there any case for those people who were not on a fixed rate but were requesting a new mortgage?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Rose Conway Walsh: When the Central Bank was examining the tracker mortgage situation, did it examine the cases of the new people who took out mortgages at the time in question to determine whether enough information was made available to them and whether there was enough transparency? On the basis of the Central Bank's consumer protection role, do our guests believe that those customers were given the best...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Rose Conway Walsh: I understand that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Rose Conway Walsh: Can the delegates say conclusively that anyone who took out a new mortgage when tracker mortgages were available is not entitled to be included in the compensation arrangement?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Rose Conway Walsh: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Rose Conway Walsh: Exactly.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Rose Conway Walsh: I understand but just want clarity for the people who believed they were not sold the right product at the time or should have been sold a product that best suited their needs. That is all. I just want a "Yes" or "No" on that.