Results 4,581-4,600 of 36,054 for speaker:Pearse Doherty

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds (Resumed): Irish Mortgage Holders Organisation (21 Jun 2023)

Pearse Doherty: Mr. Byrne has seen an annual increase of over €8,000 compared with last year.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds (Resumed): Irish Mortgage Holders Organisation (21 Jun 2023)

Pearse Doherty: Yet Mr. Byrne has not missed a payment, has not done anything wrong, has not been one of these strategic defaulters or anything like that. Is that before the interest rate hike that is expected to come this month?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds (Resumed): Irish Mortgage Holders Organisation (21 Jun 2023)

Pearse Doherty: Mr. Byrne is still waiting on the letter so he is expecting that to go further.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds (Resumed): Irish Mortgage Holders Organisation (21 Jun 2023)

Pearse Doherty: Obviously the European Central Bank has signalled a number of other interest rate hikes. There are obviously people who can switch. They are in the claws of the vultures. We try to send out a message to them to get advice, to go to the Money Advice & Budgeting Service and the Irish Mortgage Holders Organisation, and look to see what their options are. I was just looking at some of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds (Resumed): Irish Mortgage Holders Organisation (21 Jun 2023)

Pearse Doherty: That frustrates me for a number of reasons. I have written to all the main banks. I have also written to the Governor of the Central Bank. There is an absolute moral obligation on these banks to create a pathway for people to be reintegrated back into mainstream lending. What happened in the past has to be undone now. Banks have to create a pathway. For me, Permanent TSB has a...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds (Resumed): Irish Mortgage Holders Organisation (21 Jun 2023)

Pearse Doherty: Mr. Byrne went to Pepper and said he can refinance this at a rate of €305,000. From what he told me, I assume the outstanding loan is €340,000. There is no doubt that Pepper got a larger haircut than that when it purchased this loan in the first place. Has Pepper just point blank refused to sell the loan?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds (Resumed): Irish Mortgage Holders Organisation (21 Jun 2023)

Pearse Doherty: Pepper has obviously assessed Mr. Byrne's case and Mr. Byrne understands it will reject that offer. Is that correct? Mr. Byrne is a person who has paid everything, so Pepper is basically saying it will get the €305,000 off him and it will continue to squeeze him for an interest rate of 7.25%, which will probably go up to 8% before the end of the year, and because he is a person who...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds (Resumed): Irish Mortgage Holders Organisation (21 Jun 2023)

Pearse Doherty: Where does Mr. Byrne see this going for himself? The ECB has signalled clearly that there will be another interest rate hike in July. That is without doubt unless something dramatic happens in the financial world. There is likely to be another increase at the next meeting in September. When he hears those kinds of announcements from Christine Lagarde, what does that mean to him? The...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds (Resumed): Irish Mortgage Holders Organisation (21 Jun 2023)

Pearse Doherty: What would Mr. Byrne like to see policymakers do?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds (Resumed): Irish Mortgage Holders Organisation (21 Jun 2023)

Pearse Doherty: Mr. Byrne said an interesting thing, that if he was back with Permanent TSB today-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds (Resumed): Irish Mortgage Holders Organisation (21 Jun 2023)

Pearse Doherty: He would not have a split mortgage and he would be meeting all his payments on the mortgage that he-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds (Resumed): Irish Mortgage Holders Organisation (21 Jun 2023)

Pearse Doherty: Not in arrears and meeting everything, and Mr. Byrne would still have more money leftover to support his family.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds (Resumed): Irish Mortgage Holders Organisation (21 Jun 2023)

Pearse Doherty: Has Ms Irwin considered any switching options, or is that possible in her case?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds (Resumed): Irish Mortgage Holders Organisation (21 Jun 2023)

Pearse Doherty: Absolutely. The reason Ms Irwin was not offered the deduction is that the institution was given an easy option, which was to sell all the mortgages to a vulture fund. This should never have happened. The banks had a responsibility to work through the issues, restructure the mortgages and offer discounts where required. Ms Irwin put it well when she talked about her kids. A family home is...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds (Resumed): Irish Mortgage Holders Organisation (21 Jun 2023)

Pearse Doherty: I thank Mr. Hall. I really appreciate that.

Written Answers — Department of Foreign Affairs and Trade: Passport Services (20 Jun 2023)

Pearse Doherty: 139. To ask the Minister for Foreign Affairs and Trade if a passport will issue on time for travel date of 26 June 2023 for an online application submitted by a person (details supplied) on 19 May 2023; if additional supporting documents were correct; and if he will make a statement on the matter. [29407/23]

Written Answers — Department of Foreign Affairs and Trade: Passport Services (20 Jun 2023)

Pearse Doherty: 143. To ask the Minister for Foreign Affairs and Trade if a child passport submitted in April 2023 will process in time for travel on 21 June 2023 to a family wedding abroad (details supplied); and if he will make a statement on the matter. [29597/23]

Written Answers — Department of Finance: Tax Data (20 Jun 2023)

Pearse Doherty: 244. To ask the Minister for Finance the projected revenue raised in first-year (2024) and full-year terms from the scheduled increase in carbon tax on 1 May 2024 and 9 October 2024, respectively and combined. [29285/23]

Written Answers — Department of Education and Skills: School Staff (20 Jun 2023)

Pearse Doherty: 317. To ask the Minister for Education and Skills when a person (details supplied) in County Donegal will receive payment for working as an SNA; and if she will make a statement on the matter. [29438/23]

Written Answers — Department of Housing, Planning, and Local Government: Housing Schemes (20 Jun 2023)

Pearse Doherty: 379. To ask the Minister for Housing, Planning, and Local Government how many people have applied for the cost rental tenant-in-situ scheme in County Donegal; what stage the applications are at; how many applications have been successful; and if he will make a statement on the matter. [29322/23]