Martin Ferris (Kerry North-West Limerick, Sinn Fein)
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182. To ask the Minister for Finance if there is an obligation to ensure that mortgage companies who buy loans from regulated mortgage companies are in turn regulated. [32928/14]

Stephen Donnelly (Wicklow, Independent)
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275. To ask the Minister for Finance his plans to review the management of Irish mortgages which have been sold by Irish financial institutions to non-traditional mortgage providers, most of which are not regulated by the Central Bank of Ireland. [34256/14]

Stephen Donnelly (Wicklow, Independent)
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276. To ask the Minister for Finance the consideration he has given to the operation of non-traditional mortgage providers, most of which are not regulated by the Central Bank of Ireland, which have acquired Irish mortgages and which traditionally pursue annual returns on investment of in excess of 20%; and if he will make a statement on the matter. [34257/14]

Michael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 182, 275 and 276 together.

I, as Minister for Finance, am committed to bringing forward legislation that protects consumers whose mortgages are sold to unregulated entities. The Government has reiterated this commitment on several occasions. In July and August of this year, my Department ran a public consultation seeking views on its proposed legislation to protect consumers whose loans are sold to unregulated entities.

The Department of Finance received 18 submissions from a range of respondents from the financial services industry, consumer groups, public representatives and individuals and other stakeholders. Officials in my Department are carefully considering the submissions and it is anticipated that legislation will be published by the end of this year.