Results 721-740 of 23,109 for speaker:Paddy Burke
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Paddy Burke: Is there any contact between the bank and the Revenue Commissioners about the level of property tax or costs in particular areas?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Paddy Burke: The second relates to the sale of portfolios to vulture funds. It has been brought to my attention in some cases that where the loans are being sold and where the vulture fund wants to get vacant possession, be it through eviction or the sale of the home, in some cases, it is the bank - Ulster Bank in this case - rather than the vulture fund that serves the eviction papers on the client....
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Paddy Burke: When Mr. Stanley says Ulster Bank is still servicing the loan even though it has sold it-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Paddy Burke: In all cases, when the bank sells the loan, it is finished. It hands over the deeds and everything to do with the loan within a certain period of time.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Paddy Burke: If the bank has to serve papers relating to court proceedings, does it charge the vulture fund or is there a quid pro quobetween the two?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Paddy Burke: Are restructured loans being sold?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Paddy Burke: Who pays the piper when an ATM is stolen? Who is at the loss when an ATM is stolen from a bank or a supermarket and there is money in it? The ATM provides the facility to all the banks so is there a joint payment in these cases or is it the individual bank?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)
Paddy Burke: I congratulate our guests on the wonderful work they are doing on behalf of people who have got into serious difficulties. When a loan is sold, is everything sold by the bank to the vulture fund, that is, the loan, the property and everything? I have come across a couple of cases where loans were sold and then the vulture funds sought vacant possession of the houses or apartments involved...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)
Paddy Burke: Is Mr. Joyce stating that the affidavits involved could be shady and that they might not contain the whole truth?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)
Paddy Burke: In some of the cases to which I refer, it seems that the person who owns the property was trying to deal with the bank, then the bank sold the loan and now that person finds that it is the original bank which is trying to evict them.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)
Paddy Burke: Is this within the law?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)
Paddy Burke: Is Mr. Hall stating that it is separate?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)
Paddy Burke: I thought all this data was circulated between the banking institutions.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)
Paddy Burke: Through the courts.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)
Paddy Burke: Do they have any recourse?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)
Paddy Burke: Is there any link between vulture funds and banks at board level? I refer to people who make the decision for the banks that they have to sell on their non-performing loans, NPLs?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)
Paddy Burke: Some years ago, people took out insurance with their mortgage in case they lost their job or whatever. Have the witnesses come across cases of insurance companies not paying out when people lost their homes because they had lost their job and were not able to pay their mortgage?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Paddy Burke: I welcome Dr. Hunt, whom I congratulate and wish well in his new position. I also welcome the other witnesses. Like other members of the committee, I have received a considerable amount of correspondence about the prevailing rate. When the Central Bank decided the bank should compensate those people, how did AIB calculate what they should be paid? From all the correspondence I have...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Paddy Burke: Did some people do well out of it, or were they all refused a tracker on the same day?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Paddy Burke: One person might have borrowed €100,000 while another might have borrowed €200,000. Why did everybody receive the same amount?