Results 901-920 of 1,099,441 for in 'Dáil debates' OR in 'Committee meetings' (speaker:Peter Burke OR speaker:Damien English OR speaker:Simon Coveney OR speaker:Darren O'Rourke OR speaker:Michael Fitzmaurice OR speaker:Cathal Berry OR speaker:Alan Dillon OR speaker:Niamh Smyth OR speaker:Róisín Shortall OR speaker:Jennifer Whitmore OR speaker:Jackie Cahill OR speaker:Denise Mitchell OR speaker:Michael Lowry OR speaker:Johnny Mythen OR speaker:Éamon Ó Cuív OR speaker:Patricia Ryan OR speaker:Jennifer Murnane O'Connor OR speaker:Catherine Connolly OR speaker:Rose Conway-Walsh OR speaker:Patrick Costello OR speaker:Éamon Ó Cuív98 OR speaker:Paul Murphy OR speaker:Malcolm Noonan OR speaker:Maurice Quinlivan OR speaker:Robert Troy)
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Rose Conway-Walsh: The Central Bank needs to have a more definitive take on it to answer the question of whether remediated houses are mortgageable in principle.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Rose Conway-Walsh: Ms Rowland can see that people just want very simple answers to the questions----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Rose Conway-Walsh: -----of whether their homes can be sold once they are remediated and whether they will be mortgageable.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Rose Conway-Walsh: They want somebody in a consumer protection role, like Ms Rowland, to give them advice. Regarding the duty of banks that gave people mortgages to ensure they were lending against properties that had a real and proper value, what would Ms Rowland regard to have been the role of the banks? Did the banks or financial institutions have any responsibility? What happens? Is a surveyor or...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Rose Conway-Walsh: What does a bank do differently now, by comparison with the time in question, to ensure a home for which a mortgage is being given is of sound value?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Rose Conway-Walsh: It is crazy because-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Rose Conway-Walsh: Given that the home valuations were carried out originally by the banks, surely they had a responsibility, having done those valuations, to admit they got it wrong and were culpable in respect of lending the money.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Rose Conway-Walsh: Could Ms Rowland just answer the question?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Rose Conway-Walsh: I understand all that. What I am trying to get at while Ms Rowland is here – I really appreciate her being here – is the role of the banks. I hope we will have a public inquiry. We absolutely need one. Within a public inquiry framework, I would want to ascertain the role of the banks in lending the money – they obviously demand it back – and their...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Rose Conway-Walsh: I know, but the problem is that everybody abdicates responsibility and nobody is accountable and responsible. We could talk about this all day and I am not going to get definitive answers on it. I want to talk about the here and now. Many of the homeowners are obviously in their fifties, sixties and seventies and are going to the banks to bridge a gap because there is no 100% redress. A...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Rose Conway-Walsh: Basically, Ms Rowland is saying there is nothing the Central Bank can do-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Rose Conway-Walsh: -----and that is why-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Rose Conway-Walsh: Yes, but I am conscious of my time.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Rose Conway-Walsh: If it is the case that there is nothing that the Central Bank can do to enable homeowners to bridge the gap financially, that is the answer.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Rose Conway-Walsh: No, just as it could not instruct the surveyors who were going out to the banks to approve all these mortgages for assets that were worthless. That is fine. I want to go on to the tied agent situation here and the fact of the EBS scandal still not being resolved. They were excluded or underserved by the compensation scheme. A small number of them believe they were forced to accept a...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Rose Conway-Walsh: Yes, because it has come before us. I am very surprised that Mr. Makhlouf's take on it is that it is over because it has been on the books of this committee.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Rose Conway-Walsh: I thank Mr. Makhlouf. I appreciate that. I will leave my questions at that. I just want to say that the facilitation of the Israeli bonds is absolutely atrocious. I am glad that Mr. Makhlouf, at the request of Deputy Doherty, is going to investigate what can be done there. There must be consideration of what needs to be done by the Central Bank, what we need to do as legislators, or...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Rose Conway-Walsh: I appreciate that. Will Mr. Makhlouf raise our concerns with the ECB on it?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Rose Conway-Walsh: We are certainly doing that but the door is shut again, as it is in so many cases. We are told it is not possible to do it. We need to look at all the possibilities and the role we all have in this. At the end of the day, it is the Central Bank that is obviously facilitating the sale of these bonds.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Rose Conway-Walsh: I thank Mr. Makhlouf.