Results 9,361-9,380 of 12,387 for speaker:Paul Murphy

Ceisteanna - Questions (Resumed) - Priority Questions: Loan Books Purchasers (27 Mar 2018)

Paul Murphy: I ask the Minister to respond to my question, which I have already asked three times.

Ceisteanna - Questions (Resumed) - Priority Questions: Loan Books Purchasers (27 Mar 2018)

Paul Murphy: I have asked the Minister three times if he will use the formal consultation process to block this sale.

Ceisteanna - Questions (Resumed) - Priority Questions: Loan Books Purchasers (27 Mar 2018)

Paul Murphy: The Minister is supposed to answer questions.

Ceisteanna - Questions (Resumed) - Priority Questions: Loan Books Purchasers (27 Mar 2018)

Paul Murphy: The Minister is not working to the rules.

Ceisteanna - Questions (Resumed) - Priority Questions: Loan Books Purchasers (27 Mar 2018)

Paul Murphy: I did not eat into anybody's time.

Ceisteanna - Questions (Resumed) - Priority Questions: Loan Books Purchasers (27 Mar 2018)

Paul Murphy: 61. To ask the Minister for Finance the detail of his contacts with senior management of a bank (details supplied) in relation to the proposed sale of part of its loan book to vulture funds; his views on legislation to allow the Government block the sale of this loan book; and if he will make a statement on the matter. [14114/18]

Ceisteanna - Questions (Resumed) - Priority Questions: Loan Books Purchasers (27 Mar 2018)

Paul Murphy: Permanent TSB came before the finance committee last week. The 75% State-owned bank indicated it intends to proceed with so-called Project Glas, which would have the consequence of about 18,000 families, including homeowners and renters, being thrown to the vultures whose only concern is short-term profit. Will the Minister use the formal consultation process to make it clear that the...

Written Answers — Department of Finance: Insurance Costs (27 Mar 2018)

Paul Murphy: 81. To ask the Minister for Finance his views on the latest report of the Cost of Insurance Working Group; if the role of profit of the insurance industry in increasing premiums has been considered; and if he will make a statement on the matter. [13660/18]

Written Answers — Department of Finance: Banking Sector Regulation (27 Mar 2018)

Paul Murphy: 91. To ask the Minister for Finance the contacts he has had with the European Central Bank in relation to the regulation of the banks' number of distressed mortgages; and if he will make a statement on the matter. [13663/18]

Written Answers — Department of Finance: Mortgage Arrears Proposals (27 Mar 2018)

Paul Murphy: 92. To ask the Minister for Finance his views on mortgage write-downs for mortgage holders in view of the willingness of a bank (details supplied) to offer a discount on loans it transfers to vulture funds; and if he will make a statement on the matter. [13664/18]

Written Answers — Department of Finance: Credit Unions (27 Mar 2018)

Paul Murphy: 112. To ask the Minister for Finance his views on the recommendations of the Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach on the credit union sector, in particular with regard to tiered regulation and a review of levies; and if he will make a statement on the matter. [13661/18]

Written Answers — Department of Finance: Mortgage Book Sales (27 Mar 2018)

Paul Murphy: 114. To ask the Minister for Finance the contacts he has had with senior management of the main banks in relation to the potential sale of loan books to vulture funds; and if he will make a statement on the matter. [13662/18]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Proposed Sale of Non-Performing Loans to Private Investment Funds (Vulture Funds): Permanent TSB (22 Mar 2018)

Paul Murphy: Of the 18,300 mortgages in Project Glas, how many account holders have not engaged with the bank for longer than seven years?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Proposed Sale of Non-Performing Loans to Private Investment Funds (Vulture Funds): Permanent TSB (22 Mar 2018)

Paul Murphy: Permanent TSB released a press statement stating that some account holders have not engaged with the bank for more than seven years. The bank's representatives have now come before the Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach and I am asking them to how many account holders this applies. Permanent TSB can say "some" in its own press statements. How many have...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Proposed Sale of Non-Performing Loans to Private Investment Funds (Vulture Funds): Permanent TSB (22 Mar 2018)

Paul Murphy: Why did the bank say in its press statement, which was well covered by the media, that some account holders have not engaged for over seven years, especially if the witnesses are not willing to give us the figures for how many have not so engaged?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Proposed Sale of Non-Performing Loans to Private Investment Funds (Vulture Funds): Permanent TSB (22 Mar 2018)

Paul Murphy: Can Mr. O'Sullivan give us the figure in the course of the next week?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Proposed Sale of Non-Performing Loans to Private Investment Funds (Vulture Funds): Permanent TSB (22 Mar 2018)

Paul Murphy: Why is it included in the press statement? What is the purpose of saying that some people have not engaged for over seven years?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Proposed Sale of Non-Performing Loans to Private Investment Funds (Vulture Funds): Permanent TSB (22 Mar 2018)

Paul Murphy: Is the purpose not to paint those who have not engaged for more than seven years, and by extension all of those in Project Glas, as people who are not engaging with the bank and should not be respected? They are trouble. They should not be treated as human beings who have the right to access to homes. The purpose is basically to paint them in a certain light in order to justify throwing...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Proposed Sale of Non-Performing Loans to Private Investment Funds (Vulture Funds): Permanent TSB (22 Mar 2018)

Paul Murphy: However, even where Permanent TSB has engaged with people, and they reciprocated and have come up with solutions such as split mortgages etc., the bank is still willing to throw them to the vultures. I am not sure that displays a lot of care for the interests of the witnesses' customers.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Proposed Sale of Non-Performing Loans to Private Investment Funds (Vulture Funds): Permanent TSB (22 Mar 2018)

Paul Murphy: They are the facts but the consequence does not have to be that Permanent TSB sells these people's mortgages or the mortgages of buy-to-let properties where there are tenants to vulture funds. Those funds will simply be after the quickest buck possible, with no concern whatsoever for the interests of these people. One does not follow from the other. Yes, the bank has to reduce its...