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Joint Oireachtas Committee on Justice, Defence and Equality: Mortgage Arrears Resolution (Family Home) Bill 2017: Discussion (25 Oct 2017)

Michael McGrath: Is Senator Black talking about cases where the home has been repossessed?

Joint Oireachtas Committee on Justice, Defence and Equality: Mortgage Arrears Resolution (Family Home) Bill 2017: Discussion (25 Oct 2017)

Michael McGrath: I understand the Senator's point. The core objective of this Bill is to prevent a case getting to that point. It is to have a system in place that gives the borrower a fighting chance of holding onto his or her home. It gives the independent office the power to make the final decision. Outside of the Insolvency Service, there is the code of conduct on mortgage arrears and the banks are...

Joint Oireachtas Committee on Justice, Defence and Equality: Mortgage Arrears Resolution (Family Home) Bill 2017: Discussion (25 Oct 2017)

Michael McGrath: In regard to the money message gridlock, I understand that there is contact. It would not be at my level but there is contact with the Government in an effort to unlock that. Hopefully, there will be some update on that. I refer to the other points the Deputy. Dealing with the hard facts, of those who go into the insolvency process where a personal insolvency arrangement, PIA, is...

Topical Issue Debate: Primary Care Centres (7 Nov 2017)

Michael McGrath: I wish to raise an important local issue with the Minister of State. It relates to the HSE's plans to close the local primary centre in Passage West, County Cork. The Minister of State knows the geography well because he has a very close friend living nearby in Monkstown. Between Passage West and Monkstown, the population totals over 6,000. It is a beautiful part of the Lower Harbour area...

Topical Issue Debate: Primary Care Centres (7 Nov 2017)

Michael McGrath: 6 o’clock I thank the Minister of State for the reply. The bus service will not resolve the problem. Even if there is a direct bus service to Carrigaline, it does not take people directly to the new primary care centre and even if one gets on a bus going to Crosshaven, it still does not take the person directly to the new primary care centre. There are really serious and...

Topical Issue Debate: Primary Care Centres (7 Nov 2017)

Michael McGrath: Will the Minister of State come back to me on that?

Written Answers — Department of An Taoiseach: Strategic Communications Unit (7 Nov 2017)

Michael McGrath: 131. To ask the Taoiseach the due diligence that took place in his Department before the strategic communications unit was set up; and the number of meetings that were held with the Department of Finance. [46664/17]

Written Answers — Department of Finance: Central Bank of Ireland Staff (7 Nov 2017)

Michael McGrath: 181. To ask the Minister for Finance the number of vacancies that remain to be filled in the Central Bank; the length of times these vacancies have been open; the different departments these vacancies are in; if the Central Bank has communicated concerns on its ability to deal with the influx of firms resulting from Brexit; if the Central Bank is of the view they will lose vital staff as a...

Written Answers — Department of Finance: Departmental Correspondence (7 Nov 2017)

Michael McGrath: 182. To ask the Minister for Finance if he will address a matter (details supplied); and if he will make a statement on the matter. [45644/17]

Written Answers — Department of Finance: Departmental Correspondence (7 Nov 2017)

Michael McGrath: 183. To ask the Minister for Finance if matters raised in correspondence (details supplied) have been examined; and if he will make a statement on the matter. [45647/17]

Written Answers — Department of Finance: Pension Provisions (7 Nov 2017)

Michael McGrath: 188. To ask the Minister for Finance the position regarding an application for approval from the Revenue Commissioners for a legacy pension for a person (details supplied) in County Cork to be transferred to allow the setting up of a personal retirement bond. [45727/17]

Written Answers — Department of Finance: Tax Yield (7 Nov 2017)

Michael McGrath: 216. To ask the Minister for Finance his views on whether the break in the link between the exit tax and DIRT on savings products could result in a reduced intake between the two taxes overall; and if he will make a statement on the matter. [46222/17]

Written Answers — Department of Finance: Tax Yield (7 Nov 2017)

Michael McGrath: 217. To ask the Minister for Finance his plans to promote optimal tax collection as it relates to the exit tax and DIRT (details supplied); and if he will make a statement on the matter. [46223/17]

Written Answers — Department of Finance: Tax Yield (7 Nov 2017)

Michael McGrath: 218. To ask the Minister for Finance if the potential for a reduction in the exit tax in line with DIRT to result in higher net exchequer returns over the long term as a result of more customers opting for investments over deposits with very low interest rates has been considered; and if he will make a statement on the matter. [46224/17]

Written Answers — Department of Finance: Tracker Mortgage Examination (7 Nov 2017)

Michael McGrath: 253. To ask the Minister for Finance the number of persons that fell into arrears on their mortgages as a result of being wrongly denied a tracker mortgage rate or as a result of being on a less favourable tracker rate, by each of the 15 lenders included in the Central Bank's examination of tacker mortgage-related issues, or the aggregate data if details are not available; and if he will make...

Written Answers — Department of Finance: Mortgage Data (7 Nov 2017)

Michael McGrath: 228. To ask the Minister for Finance the estimated or actual existing principal dwelling home mortgages by fixed rate, tracker rate and variable, managed variable or loan to value variable rate; and if he will make a statement on the matter. [46424/17]

Written Answers — Department of Finance: Banking Licence Applications (7 Nov 2017)

Michael McGrath: 232. To ask the Minister for Finance if there are applications with the Central Bank for a banking licence for retail banking services; if so, the number of applications with the Central Bank; the amount of time it takes to receive a banking licence from the initial application; and if he will make a statement on the matter. [46537/17]

Written Answers — Department of Finance: Mortgage Schemes (7 Nov 2017)

Michael McGrath: 244. To ask the Minister for Finance the reason why persons who previously bought a home in another jurisdiction but not in Ireland are not regarded as first time buyers here for the purposes of the help to buy scheme or under the Central Bank mortgage deposit rules; and his views on whether this is acting as a deterrent for some persons who may now wish to return here. [46841/17]

Written Answers — Department of Finance: Insurance Compensation Fund (7 Nov 2017)

Michael McGrath: 247. To ask the Minister for Finance the status of resolving the outstanding claims associated with a company (details supplied); the position on the liquidation of the company; the estimated shortfall in November 2017; the payouts made by the Insurance Compensation Fund to date; the authorisation date of the next ICF payments; and if he will make a statement on the matter. [46884/17]

Written Answers — Department of Finance: NAMA Property Sales (7 Nov 2017)

Michael McGrath: 248. To ask the Minister for Finance if NAMA owns properties in an area (details supplied); if so, the details; if the agency has plans to dispose of these properties in the foreseeable future; and if he will make a statement on the matter. [46893/17]

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