Results 1,181-1,200 of 5,732 for speaker:Fidelma Healy Eames
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)
Fidelma Healy Eames: Can the Central Bank force their hand to get this information?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)
Fidelma Healy Eames: Then how can they resolve the mortgage crisis?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)
Fidelma Healy Eames: Professor Honohan is telling me the banks do not have a grip on the problem yet.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)
Fidelma Healy Eames: Let me move on to solutions. I am sure Professor Honohan is aware that some of the so-called sustainable solutions are for no more than six months.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)
Fidelma Healy Eames: The problem is not a six-month problem at all. Does Professor Honohan realise that the figures, which include those solutions as sustainable solutions, skew the results positively in favour of the banks?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)
Fidelma Healy Eames: I think the Central Bank is being too decent to the banks, in the sense that it takes the holistic view there has been some progress. I accept there has been some progress, but if we drill down into the results and consider the length of time people have been in crisis, there is no progress at all. We are talking about huge numbers of people. Let me give another example. Sometimes the...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)
Fidelma Healy Eames: What is the Central Bank doing to prevent that?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)
Fidelma Healy Eames: May I say-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)
Fidelma Healy Eames: Why not?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)
Fidelma Healy Eames: With respect, all computer generated letters are programmed and there is a way to stop them being issued. We need empathy to be introduced into the system. The Central Bank has done good work on the issue of harassment of customers but one client of mine is still getting four calls a day from one bank. We knew this was happening some time ago, but it is still happening. What will the bank...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)
Fidelma Healy Eames: What are the sanctions?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)
Fidelma Healy Eames: To be fair, Professor Honohan has been very helpful and has helped me by providing detailed responses to questions to his office regarding unsustainable solutions offered to people into their 80s, past their life expectancy. I am very grateful he has done that. However, what sanctions are being imposed on banks that continue to be unhelpful to clients?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)
Fidelma Healy Eames: What I hear from that is that the Central Bank is giving the banks time. That would be helpful if the same time was given to their customers. Sanctions are being imposed on customers, such as repossession and putting them out on the street. It is not a two-way process. Is Professor Honohan aware that some people move from pre-arrears into arrears because the banks do not come back to them...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)
Fidelma Healy Eames: Exactly. Again, what can Professor Honohan do to improve the situation? If I did not have to deal with so many people in such situations -----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)
Fidelma Healy Eames: I have one or two more questions.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)
Fidelma Healy Eames: Professor Honohan is probably aware that we in the Reform Alliance have just launched a new policy document, Fair Value Lending, which is concerned with preventing reckless lending in the future. Has he had a chance to study this policy, a copy of which he received and acknowledged with interest? This policy would require the Central Bank to implement it. In Professor Honohan's view, what...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)
Fidelma Healy Eames: Our policy is about fresh lending. I thank Professor Honohan for his time.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)
Fidelma Healy Eames: Professor Honohan is very welcome. I have a number of questions and if I could get answers as we go through them, I will do my best to maximise the time. I am very impressed with the MARP tool. It has very specific steps - communication, the standard financial statement, the assessment resolution and appeals. Does the Central Bank have figures from each of the banks regarding the people...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)
Fidelma Healy Eames: It is a problem. I understand that Professor Honohan is talking about progress regarding an overall sustainable solution. I am working with many people in this area such as David Hall. At a meeting in Galway on 12 April 2014, I met 65 people who are in serious difficulty and had one-to-one meetings with insolvency people. There is huge stress and disarray. I will alert Professor Honohan...
- Seanad: Adjournment Matters: Forestry Sector (16 Apr 2014)
Fidelma Healy Eames: From what I have heard the Minister of State and the Department have an open mind on the issue. He has heard my story that the local credit unions are very keen to work with the Government on this matter but between the two views there is a hole or gap. What is not happening to make this happen?