Terence Flanagan (Dublin North East, Independent)
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198. To ask the Minister for Finance the position regarding ex-Irish Nationwide Building Society residential mortgage holders (details supplied); and if he will make a statement on the matter. [9126/14]

Michael Noonan (Limerick City, Fine Gael)
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In the event that NAMA ultimately acquires this portfolio, the NAMA Board will be mindful of its legal obligations and of general market norms. I am advised that NAMA is likely to apply best practice in this regard and will seek to ensure that a borrower s legal position does not deteriorate by virtue of NAMA acquisition of the loan or loans concerned.