Results 5,181-5,200 of 26,465 for speaker:John McGuinness
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
John McGuinness: I ask Ms Rowland to send the figures to us.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
John McGuinness: Was there a large number of referrals dating from the financial crash?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
John McGuinness: I ask for a written response indicating how many cases were referred to the Garda and how many of those related to the period of the crash.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
John McGuinness: Was Deputy Doherty's question about whether the PTSB broke the law answered?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
John McGuinness: Yes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
John McGuinness: It is a breach of the regulation.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
John McGuinness: Does that mean the Central Bank-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
John McGuinness: -----would have to report it to the Garda?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
John McGuinness: There were no criminal breaches.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
John McGuinness: On vulture funds, in answer to a question, we heard that regulation travels with the loan and so on. Again, I must say that has not been my experience when dealing with clients whose loans have been sold to the vultures. It is not normal behaviour by the banks and such clients are not treated in a normal way. In fact, the behaviour of the vulture funds has been despicable. New legislation...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
John McGuinness: Has the Central Bank laid on the line for the funds that they must comply with the law?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
John McGuinness: Does that apply to all the main entities such as Promontoria and the other entities whose names one hears mentioned?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
John McGuinness: Are they all registered in one building?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
John McGuinness: It is amazing.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
John McGuinness: They may all be from one address but I must check that. What we have heard does not reflect the experience of customers who have been treated very badly by vulture funds. They have been harassed and harangued by them and chased down like criminals. The vulture funds will not appear before this committee for some reason in case they have to be transparent or are asked awkward questions....
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
John McGuinness: There is a facility in the overall structure for dealing with these loans that allows banks to place the loans to one side on their balance sheet or off their balance sheet. That is also an option.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
John McGuinness: Without the vultures.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
John McGuinness: That is a clear message.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
John McGuinness: The health of the customer of the bank-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)
John McGuinness: -----that provided the loan is also something that should be considered.