Results 9,621-9,640 of 16,492 for speaker:Ciarán Lynch

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: Certainly.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB (9 Apr 2014)

Ciarán Lynch: That brings matters to a conclusion. I would like to thank Mr. Duffy, Mr. Murphy, Mr. O'Connor and Mr. Byrne for coming here this afternoon and assisting the committee in its ongoing process of looking at the many challenges ahead in resolving a very significant crisis for a lot of homeowners in this country. I particularly would like to acknowledge the follow-up since our last engagement...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB (9 Apr 2014)

Ciarán Lynch: With that said, it is reflective of the three engagements we have had that there has been positive movement, albeit with some substantive issues that must still be dealt with. There are still challenges for the banks, but one has to be cognisant of trying to undo a ball of knots; sometimes one loosens a string only to tighten another one. There are sometimes consequences that we do not...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB (9 Apr 2014)

Ciarán Lynch: We must move towards a conclusion. If the Deputy has a final question, we will take it now.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB (9 Apr 2014)

Ciarán Lynch: The Deputy should conclude. I have given him a lot of time, but he has gone way over time.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB (9 Apr 2014)

Ciarán Lynch: I do not claim to be the smartest person in the room, but I understand time, and the Deputy is running out of it.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB (9 Apr 2014)

Ciarán Lynch: They were members of the committee. The Deputy can waste his time arguing with me or he can speak to the witnesses.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB (9 Apr 2014)

Ciarán Lynch: The Deputy should please conclude. I wish to allow the witnesses to respond, because the evidence we seek comes from the response, not the question. If the Deputy persists in talking, I will move on to Deputy Timmins. However, if the Deputy can conclude with a question, I will allow the witnesses respond.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB (9 Apr 2014)

Ciarán Lynch: Deputy, I will allow the witness to respond and will then move on.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB (9 Apr 2014)

Ciarán Lynch: It is Lent, and the Deputy makes it tough for me too.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB (9 Apr 2014)

Ciarán Lynch: It is against Standing Orders to make a make a derogatory comment about any Member of the House, even if it is one's self. Will the Deputy proceed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB (9 Apr 2014)

Ciarán Lynch: Deputy Mathews, the five minutes has expired. There is a vote in the Chamber. Sometimes one has to listen. I want to keep the meeting going, and Deputy Billy Timmins also wishes to speak.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB (9 Apr 2014)

Ciarán Lynch: Will the Deputy please allow me to finish? God gave the Deputy two ears and one mouth. Will he please use them proportionately? I am preparing to keep the meeting going. Please allow me to continue. What I propose to do is to keep the meeting going and let the Deputy continue. I will not go to vote but will remain here and we can conclude the meeting without further interruption. Those...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB (9 Apr 2014)

Ciarán Lynch: Agreed.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB (9 Apr 2014)

Ciarán Lynch: This issue was dealt with by Deputy O'Donnell earlier.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB (9 Apr 2014)

Ciarán Lynch: One minute remains.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB (9 Apr 2014)

Ciarán Lynch: The issue of debt write-down is taking place inside AIB. Does the Irish Banking Federation, IBF, support that position or has have been discussions between AIB and the Irish Banking Federation in that regard?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB (9 Apr 2014)

Ciarán Lynch: Before Deputy Boyd Barrett comes in, with the committee's permission I must step out for a few minutes. Deputy Regina Doherty will cover for me for 15 minutes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB (9 Apr 2014)

Ciarán Lynch: I call Deputy Humphreys who is sharing his time with Senator Hayden.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB (9 Apr 2014)

Ciarán Lynch: There have been instances where a partner has tried to transfer the ownership of the property on to the other partner as part of a separation legally and that has been completed, but the residual effect is that the partner still has ownership of the mortgage, even though that partner no longer owns the property.