Dáil Éireann Debate, Wednesday - 10 March 2010
144 Deputy Mary Upton asked the Minister for Finance if he will respond to correspondence (details supplied) regarding the concerns of a mortgage holder from a sub-prime lender; and if he will make a statement on the matter. [11754/10]
Amharc ar fhreagraAs the Deputy is aware, on 25th February 2010, I informed the Government of my proposals regarding expanding the membership of the Interdepartmental Mortgage Arrears Group, under the Chairmanship of Mr. Hugh Cooney who is an insolvency accountant. The other external members are as follows:
|
Name |
|
|
Mr. Matthew Elderfield |
Financial Regulator |
|
Dr. David Duffy |
ESRI |
|
Mr. Pat Farrell |
Irish Banking Federation (IBF) |
|
Mr. Tom Foley |
Irish Banking Federation (IBF) |
|
Mr. Paul Joyce |
Free Legal Advice Centre (FLAC) |
|
Ms. Patricia T. Rickard-Clarke |
Law Reform Commission (LRC) |
|
Mr. Brendan Burgess |
Independent Consultant |
The Group will also include senior officials of the Departments of Finance, Taoiseach, Justice Equality and Law Reform, Social and Family Affairs, Communications Energy and Natural Resources, and Environment Heritage and Local Government.
I am satisfied that the external members of the Group have the relevant expertise in areas relating to mortgage arrears and personal debt. In addition to the expertise of its own members the Group will be calling on others to provide it with material, covering all relevant areas, and this will naturally include sub-prime mortgages.
