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Ireland · Question · written

PQ 147

147. Deputy Seamus Healy asked the Minister for Finance the fraction of the book value that was paid recently by Lone Star and Oaktree Capital for the non-performing loans which had been originally drawn down from Irish Nationwide Building Society; the status of the assurance by Lone Star and Oaktree Capital that they will comply with Central Bank of Ireland guidelines in dealing with mortgage debt; the entity this assurance has been given; if it is a written assurance; if the assurance is legally binding on Lone Star and Oaktree Capital; if he will urgently bring forward legislation to protect these mortgage holders from arbitrary mortgage increases and repossessions; and if he will make a statement on the matter. [16577/14]

askedIreland· Dáil Éireann· EN

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8 April 2014

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written

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8 April 2014

Summary

147. Deputy Seamus Healy asked the Minister for Finance the fraction of the book value that was paid recently by Lone Star and Oaktree Capital for the non-performing loans which had been originally drawn down from Irish Nationwide Building Society; the status of the assurance by Lone Star and Oaktree Capital that they will comply with Central Bank of Ireland guidelines in dealing with mortgage debt; the entity this assurance has been given; if it is a written assurance; if the assurance is legally binding on Lone Star and Oaktree Capital; if he will urgently bring forward legislation to protect these mortgage holders from arbitrary mortgage increases and repossessions; and if he will make a statement on the matter. [16577/14]

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IBRC Mortgage Loan Book

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