155. Deputy Catherine Murphy asked the Minister for Finance the reason the right of first refusal was not offered to the 4,000 Irish Bank Resolution Corporation performing mortgages at or above the valuation level; the consideration that was given to this; the reason it was not decided to proceed in this way; the conditions that have been built into the sale that comparable lending rates and conditions will apply; the way such conditions are guaranteed to be legally enforceable; and if he will make a statement on the matter. [50209/13]

Summary

155. Deputy Catherine Murphy asked the Minister for Finance the reason the right of first refusal was not offered to the 4,000 Irish Bank Resolution Corporation performing mortgages at or above the valuation level; the consideration that was given to this; the reason it was not decided to proceed in this way; the conditions that have been built into the sale that comparable lending rates and conditions will apply; the way such conditions are guaranteed to be legally enforceable; and if he will make a statement on the matter. [50209/13]

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• IBRC Mortgage Loan Book

  xml · EN · 26 November 2013

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