Results 1,181-1,200 of 4,002 for speaker:Rose Conway Walsh
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Rose Conway Walsh: I understand that. We met the ECB and the ECB explicitly told us that it was not putting pressure on the selling off of loans. It also appeared to be concerned about what was happening and that it was not to work through these loans. These loans are performing loans as far as we are concerned, that is, split mortgages with people's circumstances improving and with people meeting their...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Rose Conway Walsh: Where will they be held? Where will they be physically held?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Rose Conway Walsh: They will be held in Dublin. Where in Dublin?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Rose Conway Walsh: It is very important people know exactly where the deeds are going to be held.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Rose Conway Walsh: They also want to know other things. If they have had a review with PTSB in the past three months - they would have three-yearly reviews, as is the norm in PTSB - will they have a review with Pepper in that period of time or will Pepper wait until the three years are up and have a review at that point?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Rose Conway Walsh: The witnesses said that everything will be the same for people who got letters in the past three days, and then straight away said while reviews have been every three years up to now, that they may change. Someone may have a review in six months.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Rose Conway Walsh: Can Mr. Masding understand the fear-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Rose Conway Walsh: -----that people have about their homes and what might happen when they are dealing with an unknown entity? They do not know if he profits or how much tax he pays, or perhaps it is a she though I imagine it is a he. It is fear of the unknown that we are trying to address.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Rose Conway Walsh: I want to cut to the chase.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Rose Conway Walsh: They trusted Permanent TSB.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Rose Conway Walsh: I appreciate that. We are all on the same page about that because I am trying to do the same thing. Pepper's statement was that it looks at the person, not just the paperwork, which is good on the face of it. I want to reconcile that with Pepper's failure to pass on a single cent in rate cuts for variable rate mortgages over a five year period. Reconcile those two matters for me....
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Rose Conway Walsh: Was 2012 to 2017 the five year period?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Rose Conway Walsh: I know the difference.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Rose Conway Walsh: Would Pepper make the decision of whether it will pass this on to the customer or not?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Rose Conway Walsh: Mr. Ryan did not really address my question about trust and how he can reconcile with the idea that Pepper looks at the person and not the paperwork. Pepper is a company with an aim of profit maximisation. I get that since that is how the world operates. Pepper would therefore do something such as not pass on the interest rates. Based on even just that element of Pepper's record, how can...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Rose Conway Walsh: I am trying to demonstrate that while we are told certain things here, we have to then look at a record. It goes without saying that anybody on a tracker rate will follow that through because lenders are legally obliged to do it and there is not discretion on that. Is the standard letter that Permanent TSB sent out legally binding? It states that terms and conditions will remain the same.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Rose Conway Walsh: It is the letter telling people that their mortgage was no longer with Permanent TSB and that the terms and conditions will remain the same.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Rose Conway Walsh: Is it legally binding?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Rose Conway Walsh: Permanent TSB is saying in the letter that it is legally binding and that the terms and conditions will remain the same.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Permanent TSB Mortgage Loans: Discussion (6 Dec 2018)
Rose Conway Walsh: What is in the letter? Is the sentence that the terms and conditions will remain the same is legally binding?