Written answers

Wednesday, 16 January 2013

Photo of Damien EnglishDamien English (Meath West, Fine Gael)
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To ask the Minister for Finance in the instance whereby a financial institution (details supplied) has sold all rights, title, interests and benefits of a mortgage loan agreement to another financial institution, how stands a persons rights under the mortgage arrears protection scheme; and if he will make a statement on the matter. [1160/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I have been informed by the financial institution whose details were supplied that any residential mortgage holder whose mortgage was part of the transaction referred to in the question will retain all their existing rights under the mortgage arrears protection scheme.

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