Results 13,421-13,440 of 26,037 for speaker:Kieran O'Donnell

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: Mr. Deering is saying that only 80 of the 540 are deemed to be in scope. That is a very small percentage.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: In Mr. Deering's professional opinion, are all of the 540 open complaints valid tracker complaints as far as Mr. Deering is concerned?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: How far has Mr. Deering gone in looking at those 540?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: Mr. Deering says his office is independent. Why has it not just continued with its investigation of these 540?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: Could Mr. Deering not have requested that information from the banks anyway?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: The point I am making is that it would have been interesting if Mr. Deering had continued those 540 cases and the Central Bank had continued with its investigation. I think it would have been a checking point to ensure what the Central Bank is doing is comprehensive enough. There is a danger now, if Mr. Deering relies on what the Central Bank comes back with, that that will form the basis...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: Mr. Deering will appreciate that the matter of the trackers all arose from an individual couple taking a case on trackers against Permanent TSB. One particular case got this whole ball rolling and brought it into the public domain. Permanent TSB eventually admitted it. One of the four witnesses before us here was from that family. They are all individual cases, not a homogeneous group. I...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: Has Mr. Deering continued to receive complaints?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: When did the figure reach 540?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: How many have come in since?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: How many would the bureau have got in the past month?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: Roughly how many does the bureau have coming in?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: Does Ms Goggin believe the mortgage market in Ireland is dysfunctional?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: What does Ms Goggin define as a cartel, in layman's terms?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: Is that formal or informal?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: In the current market, mortgage rates in Ireland are consistently double the EU rates. If we look at the rates being charged by all the main banks, would Ms Goggin agree they are highly consistent?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: Why are the banks in Ireland charging mortgage rates that are double the EU rate and why is this pretty consistent across all the main institutions?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: German banks have come before this committee and said they will charge ten-year fixed rates at just over 1%. If they are willing to come into the Irish market and price at that level, which is well below the EU average, how can Ms Goggin state the banks are entitled to charge such a high mortgage rate to young couples or single people looking to buy their first home?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: Does Ms Goggin accept the mortgage rate in Ireland is high?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: The mortgage rate is high and is well above the EU average, and I have looked at the rates and know they are relatively consistent across the board. The first role of the Competition and Consumer Protection Commission is there in the title - it concerns competition. Surely it has a role in terms of going in and providing assurance to the consumer that there is not a cartel in operation....