Finian McGrath
Question:71. Deputy Finian McGrath asked the Minister for Finance if he will support a matter (details supplied) regarding mortgage issues; and if he will make a statement on the matter. [34875/14]
View answerThursday, 18 September 2014
Questions (71)
Oral answers (1 contributions)
As the Deputy will be aware under the Relationship Framework the State does not intervene in the day-to-day operations of the banks or their management decisions regarding the treatment of mortgage issues as it is a matter for the individual board and management teams of the banks.
I have been advised that Permanent TSB can only legally engage with its customer, the borrower, or an agent appointed on his behalf.
Permanent TSB has confirmed that it will continue to try and engage with its customer to enter into a sustainable restructure even while repossession proceedings are underway. I would urge the Deputy's constituent, or a representative on her behalf, to continue to try to get the borrower to engage constructively with Permanent TSB.