Seanad debates
Wednesday, 28 June 2017
National Housing Co-operative Bill 2017: Second Stage
10:30 am
Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source
This Bill would have an adverse impact on the ability to undertake secured lending in Ireland which is ultimately dependent on the financial institutions' right to realise the security if needed, and priced accordingly. This is the cornerstone of secured lending and an effectively functioning mortgage market.
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