Results 1-12 of 12 for nama speaker:Michael Fitzmaurice

Affordable Housing Bill 2021 [Seanad]: Second Stage (Resumed) (24 Jun 2021)

Michael Fitzmaurice: ...50,000, €60,000 or €70,000, they pay it back to the State. That is the simple way of doing it. Another thing we need to do in the LDA is make sure we do not give cosy little jobs to people who were in the National Asset Management Agency, NAMA, and the like. We have to poach people. That is how it was always done in the private sector. One poaches the people who are...

Land Development Agency Bill 2021: Second Stage (Resumed) (18 Feb 2021)

Michael Fitzmaurice: ...the house and walking around at any one time. They are not going to spread the virus around the place. I ask the Minister of State to allow that. Second, I ask that we do not have someone from NAMA or something similar on this Land Development Agency. I support the Land Development Agency in principle and provided it works in a certain way. I will be very clear about that. We need...

Home Building Finance Ireland Bill 2018: Second Stage (Resumed) (5 Jul 2018)

Michael Fitzmaurice: ...to get the shock now and release the land, so people can get building on it, than they would be to get that shock in a year or two. We have to take many different approaches. While we can have an agency like NAMA, I am a firm believer that money needs to be released so that, for example, institutes of technology and other colleges can build student accommodation. That is an angle at...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2017: Committee Stage (Resumed) (9 Nov 2017)

Michael Fitzmaurice: ...that to happen. It is only at the eleventh hour and the 59th minute that all of us here have finally got that people are in desperate need. We need to look at the iCare model, in conjunction with NAMA, to facilitate people to remain in their homes. Once a person's home is repossessed, his or her record is blackened forever. There are many people who borrowed €200,000 for whom...

An Bille um an gCúigiú Leasú is Tríocha ar an mBunreacht (Ceart chun Tithíochta), 2017: An Dara Céim [Comhaltaí Príobháideacha] - Thirty-fifth Amendment of the Constitution (Right to Housing) Bill 2017: Second Stage [Private Members] (20 Sep 2017)

Michael Fitzmaurice: ...housing. We need to cut to the chase. The Department or councils are not fit to build houses; there is proof of that. We must ensure we can change that situation. I heard representatives of NAMA saying that if something is bought at a 50% discount, it is not great if the agency does not make a few quid from it. The Department has policy and we can argue if it is good or bad. That...

Social Housing: Motion (Resumed) [Private Members] (27 Jan 2016)

Michael Fitzmaurice: ...that. We have to go the distance. We have to change the mindset that the private sector will solve the problem. That is not working and the desired results are not being achieved. The Government needs to work with NAMA because it may have the necessary finance if the Government wants to go down that road. The Government should put it in charge of building a specific number of...

Financial Resolutions 2016 - Financial Resolution No. 5: General (Resumed) (14 Oct 2015)

Michael Fitzmaurice: .... To provide the service in the region, never mind one area, we have to make sure it flies at night. It is possible to get helicopters that can be flown at night and we have to make sure we have them for those who need them. I hope NAMA is watched when it comes to housing. Nobody argues that we do not need housing - we need it urgently - but I am not in favour of modular housing...

Leaders' Questions (1 Oct 2015)

Michael Fitzmaurice: ...regulation is signed into effect it will be the death knell for credit unions. The credit unions, that did not need to be bailed out to the tune of €65 billion and are not talked about in here every day like NAMA, seem currently to be getting a slap on the hand for being the best student in the class. According to those running the credit unions, regulation CP88 is...

Draft Commission of Investigation (Certain matters concerning transactions entered into by IBRC) Order 2015: Motion (Resumed) (10 Jun 2015)

Michael Fitzmaurice: ...to know people, he or she will not kick them as hard as an outsider who does not know them might, an outsider who tries to do something in the interests of what is right for the country. IBRC and NAMA involved the single largest movement of private debt onto the public's shoulders. The people of Ireland will be paying for what has happened for years. Although I am iffy on whether...

Personal Insolvency (Amendment) Bill 2014: Second Stage (3 Feb 2015)

Michael Fitzmaurice: .... Because of the top-line earnings they have, they will not even get a college grant. As politicians, we need to look at this broadly. There is no quick-fix solution. We have to ask if NAMA can get involved, if we can buy these houses that are in difficulty and rent them back, or else do a new deal in a type of mortgage system. If we do not do something, the amount of money that...

Domestic Violence (Amendment) Bill 2014: Second Stage [Private Members] (21 Nov 2014)

Michael Fitzmaurice: ...the decisions. I have seen people from outside the country buying several properties and now we are trying to buy them back. I have also seen housing agencies and councils bidding on the same NAMA property. Joined up thinking needs to take place. Over the past several months, some good people have lined up land and properties but there is nobody at the top to give direction to these...

Financial Resolution No. 2: Refunds of Appropriate Tax to First Time Buyers (14 Oct 2014)

Michael Fitzmaurice: ...to the required standard for people to live in them. I have estimated that it would save the State approximately €30 million. There are large tracts of land around the country that are owned by NAMA. A decision must be made to release this land, because the low- to middle-income people who are trying to put together the 20% deposit the banks are looking for need to have houses...