Michael McGrath (Cork South Central, Fianna Fail)
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60. To ask the Minister for Finance if persons that lost their tracker mortgage rate as a result of an agreed restructuring of their mortgage which involved a term extension are included in the scope of the tracker mortgage examination; and if he will make a statement on the matter. [2643/18]

Paschal Donohoe (Dublin Central, Fine Gael)
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The Central Bank has advised that the scope of the Tracker Mortgage Examination covers all lenders which sold tracker mortgage accounts, including both for the family home and investment properties, up to the end of 2015:

- that originated on tracker interest rates;

- that had tracker interest rates applied at any stage during the term of the underlying mortgage agreements; and/or

- where the underlying mortgage agreements provided for contractual rights to or options for tracker interest rates at any stage during the term of the agreements.

Therefore all tracker mortgage accounts including restructured mortgages are included within scope.