Oireachtas Joint and Select Committees
Thursday, 13 November 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Banking Sector: Ulster Bank
11:15 am
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
It is interesting. They have apparently got some investors backing them to buy up very distressed mortgages. They are saying that they can keep pretty much everybody in their homes, either through restructuring or in the really difficult cases in some sort of mortgage-to-lease scheme.
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