Results 14,061-14,080 of 36,763 for speaker:Pearse Doherty
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Pearse Doherty: Does Ms Howard care that some of customers in Project Scariff had their details released - this is from the same crowd, Cabot - including names, contact information, job details and outstanding balance? Not only were they told to clear their arrears within 30 days or the property would be taken and their tenants left high and try, there was a data breach, which resulted in their names,...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Pearse Doherty: Has Ulster Bank contacted the agent it sold these to in order to point out these were its customers and to ask what it is doing and why it is orchestrating strategic default, and that it has been involved in a major data breach and released the financial information of customers?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Pearse Doherty: With regard to the 10.3% of NPLs, how many loans would have to be cured or sold in order to reach 5%?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Pearse Doherty: I am asking both about sold and cured loans. What is the total figure?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Pearse Doherty: The problem is that when we look at the position of mortgages in arrears for more than 90 days, that does not give a picture of NPLs because there could be ones which are not in arrears but which could still be NPLs. For example, we know that those that are 90 days-plus are all NPLs. There are 7,280 in arrears of 90 days-plus so one can assume there are at least 3,600, if not more, that...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Pearse Doherty: Is the bank considering other solutions aside from the standard solution it has applied to date to try to cure as many of these accounts as possible?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Pearse Doherty: Will the bank consider debt reduction as part of the overall plan for PDHs and buy-to-lets?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Pearse Doherty: However, there is debt reduction. When the bank sold Project Scariff to Cerberus, it wrote off hundreds of millions of euro on the accounts-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Pearse Doherty: -----but it will not do that for the customers.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Pearse Doherty: My final question is about the volume of repossessions that have taken place, whether they are voluntary surrender or court repossessions, and the properties now in the possession of Ulster Bank. How many houses are in the bank's possession and how many of them are vacant?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Pearse Doherty: What is the process? What does Ulster Bank do when a property comes into its possession? Does it go straight onto the market or does the bank reach out to the Housing Agency? If there are tenants in the property, does the bank sell it with the tenantsin situor does the bank demand vacant possession? What is the turnaround time? The bank has 100 houses but that is a rolling number because...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Pearse Doherty: Does the bank only sell to the private market or does it reach out to the Housing Agency?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Pearse Doherty: Is there a reason for that? Ulster Bank has not received support from this State. Other banks in which we have a shareholding tell the Housing Agency, given the crisis in housing, that they have 600 houses, for example, in particular locations and ask the agency to express an interest in the housing. Is there a policy decision to go straight to the market where the bank would get a better...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Pearse Doherty: The bank has sold property with sitting tenants.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Pearse Doherty: When Mr. Stanley says "easier", does he mean more profitable?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Pearse Doherty: Does the bank worry that the family to whom it is giving notice will end up in a hotel room or sleeping in a car?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Pearse Doherty: I ask Ms Howard to read the latest report which gives voice to the children who find themselves in emergency accommodation and to consider the bank's policy of selling properties and asking the tenants to leave or evicting them as part of that, particularly in cases where it is evicting people into homelessness and its consequences. I am aware that the bank is not required to have due regard...
- An tOrd Gnó - Order of Business (8 May 2019)
Pearse Doherty: The documents that have been released today are staggering in terms of their critique and the mess that has been created. There is a reference over and over again in separate documents to the risk of the contractor abandoning the project. The risk of it abandoning and not honouring the contract during its duration is referenced in one document and another one states that the result could be...
- An tOrd Gnó - Order of Business (8 May 2019)
Pearse Doherty: The Minister has not-----
- Ceisteanna ó Cheannairí - Leaders' Questions (8 May 2019)
Pearse Doherty: The company will own it.