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Tracker Mortgages Examination

Dáil Éireann Debate, Thursday - 6 April 2017

Thursday, 6 April 2017

Ceisteanna (110)

Pearse Doherty

Ceist:

110. Deputy Pearse Doherty asked the Minister for Finance the number of accounts by lender that have been investigated that had been reviewed as part of previous tracker mortgage-related review with regard to the Central Bank's investigation into the tracker mortgage issue; and if he will make a statement on the matter. [17204/17]

Amharc ar fhreagra

Freagraí scríofa

The Central Bank advises that the information requested by the Deputy is lender specific supervisory information and that it is not in a position to comment on individual lenders due to confidentiality requirements under Central Bank legislation.

However, in the most recent update on the Examination which was published on March 23, certain data in relation to the Examination was published. This included data which indicated that, prior to the commencement of the system-wide Examination and in the period 2008-2015, approximately 7,100 accounts were identified as impacted by tracker related issues, which were redressed and compensated as appropriate.

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