Results 1,861-1,880 of 4,002 for speaker:Rose Conway Walsh

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Rose Conway Walsh: We would like an aggregate figure of the farms that come under that category. Am I correct that the bank has offered 400 properties to the housing agency?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Rose Conway Walsh: When did the bank offer them?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Rose Conway Walsh: How many vacant properties does the bank have on its books?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Rose Conway Walsh: How many of them are vacant?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Rose Conway Walsh: What is the response from the housing agency?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Rose Conway Walsh: Are the 400 properties vacant?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Rose Conway Walsh: In regard to sale of loans, how does the bank notify customers that their loans are to be sold?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Rose Conway Walsh: The banks sends that notification to the customers.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Rose Conway Walsh: In what form is that notification issued?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Rose Conway Walsh: Does the bank detail in that letter all of the protections that are transferred with the sale?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Rose Conway Walsh: Above and beyond it being a necessary requirement, does Mr. Crowley believe the bank has an obligation to do that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Rose Conway Walsh: This is very important. The Central Bank has told us that where a loan is sold to a vulture fund the customers' rights are transferred. Regardless of to whom the loan is sold, the bank has an obligation to provide its customers with the details of the protections that will be transferred on sale of the loan. The banks should not be issuing letters that meet only minimum requirements.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Rose Conway Walsh: Perhaps when it has been finalised Mr. Crowley would furnish a copy of it to the committee.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Rose Conway Walsh: In reality, that is not what is happening on the ground. People are only finding out that their mortgages have been sold on receipt of a letter from a vulture fund to the effect that is owns their mortgages. In regard to the loans sold to date by Permanent TSB, did it give 60 days notice of those sales?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Rose Conway Walsh: It would be helpful to the committee if we could get a copy of the letter. On the houses offered to the housing agency, did it give any indication of when the properties in which it is interested will be taken up?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Rose Conway Walsh: Why is it only 400 properties when Mr. O'Sullivan said there was a stock of more than 2,000?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Rose Conway Walsh: If Permanent TSB were to make the 2,000 available, surely it will be for the Housing Agency to decide whether they are suitable.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Rose Conway Walsh: Where are those properties based, in the main?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Rose Conway Walsh: It is just that we have an enormous housing crisis, much of which was created by reckless lending by banks and so on. Permanent TSB and all the other banks have an enormous obligation to make sure that every empty property, and those soon to be empty, is made available because they are part of that crisis.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Permanent TSB (14 Jun 2018)

Rose Conway Walsh: I ask Mr. O'Sullivan to prioritise that in light of the ever-growing homeless waiting list.