Results 12,781-12,800 of 26,042 for speaker:Kieran O'Donnell

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (17 May 2018)

Kieran O'Donnell: Mr. Burgess's point is reasonable, but the point I am trying to make is that many of these people were encouraged to purchase homes. People forget very quickly that people were encouraged by the banks to purchase homes they could not afford. Many of these purchases were done through brokers who got people to buy homes they could not afford. I take the point with regard to a straight...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (17 May 2018)

Kieran O'Donnell: Mr. Burgess and Mr. Hall.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (17 May 2018)

Kieran O'Donnell: There is a story behind many of those cases.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (17 May 2018)

Kieran O'Donnell: What could the Central Bank do in terms of altering the rules and restructuring so the banks would be able to do a lot of other restructuring to keep people in their homes?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (17 May 2018)

Kieran O'Donnell: I had an example of that recently. If one looks at the problem based just on accounting and financial principles, that is fine. A person approached me recently looking to avail of the mortgage-to-rent scheme. They were under phenomenal pressure to keep up the mortgage repayments, any mortgage repayments. They had young children. They were putting money aside to pay the mortgage, which...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (17 May 2018)

Kieran O'Donnell: No, they have gone past that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (17 May 2018)

Kieran O'Donnell: This goes to the point of what Mr. David Hall has said. In some cases, they have been making mortgage repayments which they clearly could not afford.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (17 May 2018)

Kieran O'Donnell: The human aspect here is what happens if we put those people out of that house. Their children go to school locally. The council probably will not have property. They will have to go on the list. The human dimension of it is that we would create a lot more problems than solutions. The mechanism by which the mortgage-to-rent scheme is funded probably needs to be looked at. However, the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (17 May 2018)

Kieran O'Donnell: This is about non-disclosure. If the banks are undercharging customers - I have seen this over the years - they pursue them with a vengeance in order to get the correct rate back. They do not ask whether the lower rate actually saved the individual. They just take the money back. I have seen this happen to countless clients over the years. Just because there was a cohort with tracker...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (17 May 2018)

Kieran O'Donnell: They were at the end of their tethers when they came before us.

Seanad: Order of Business (Resumed) (15 May 2018)

Kieran O'Donnell: I join with my colleagues in condemning the atrocity perpetrated on Palestinians. The use of live ammunition to gun down civilians is unforgivable.

Seanad: Order of Business (Resumed) (15 May 2018)

Kieran O'Donnell: It is an atrocity beyond all proportion. What is required now is an international response. The UN should seek an investigation and a solution. I have read some of the preliminary discussions. I would like to see the US coming on board.

Seanad: Order of Business (Resumed) (15 May 2018)

Kieran O'Donnell: People speak about President Trump and so forth. He appears to make most of his decisions based on domestic criteria in terms of the populous vote, as a result of which there are a lot of unintended consequences. People will speak about individual situations but what we are speaking about now is an international crisis. The UN now needs to carry out an investigation and put in place...

Seanad: Order of Business (Resumed) (15 May 2018)

Kieran O'Donnell: We must get a solution. The second issue I want to raise is that of hoax calls, which, as my colleagues from Limerick will be aware, are becoming a feature in Limerick. More than half of all calls to emergency services are hoax calls. I ask that when the Minister for Communications, Climate Action and Environment is next before the House we would have a detailed debate on what preventative...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee (Resumed) (10 May 2018)

Kieran O'Donnell: I heard the interview this morning and I thought Ms Audrey Carville conducted a lovely interview. Emma Nic Mhathúna was more concerned for her children than she was for herself. Emma is in the same situation as Vicky Phelan who has also spoken out. We have to get to the truth and there has to be accountability. Once again it is an issue around women and a young mother. If something...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank of Ireland (10 May 2018)

Kieran O'Donnell: I welcome Professor Lane and his colleagues. On the tracker mortgage issue, Professor Lane referenced that redress and compensation will be made to the remaining 12% by the end of June. Does he believe that on conclusion of this process that will be the end of the tracker mortgage crisis?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank of Ireland (10 May 2018)

Kieran O'Donnell: How small is the group? How many people are involved?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank of Ireland (10 May 2018)

Kieran O'Donnell: In regard to the 1,500 unverified accounts, where do they fit into the 37,100?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank of Ireland (10 May 2018)

Kieran O'Donnell: Were they identified in the last month?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with the Central Bank of Ireland (10 May 2018)

Kieran O'Donnell: How many institutions are involved?