Written answers
Tuesday, 27 May 2014
Department of Finance
NAMA Loan Offers
Stephen Donnelly (Wicklow, Independent)
Link to this: Individually | In context | Oireachtas source
133. To ask the Minister for Finance if it remains the position on the part of the National Asset Management Agency that the maximum amount it can recover on a loan is the par value of the loan; and if he will make a statement on the matter. [22848/14]
Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source
I am advised by NAMA that the majority of loan documentation permits a maximum recovery of outstanding par debt plus interest and fees.
No comments