192. Deputy Seán Haughey asked the Minister for Finance his views regarding the sale of mortgages by a bank (details supplied) to a so-called vulture fund; if he can intervene to prevent such sales by credit institutions in Ireland; if he will introduce measures to allow borrowers switch their loans to State-backed initiatives such as a local authority or the rebuilding Ireland home loan scheme; if he will make it easier for borrowers to switch back to the pillar banks; if he will encourage these pillar banks to buy performing mortgages that have been sold to lenders by vulture funds; and if he will make a statement on the matter. [31825/23]

Summary

192. Deputy Seán Haughey asked the Minister for Finance his views regarding the sale of mortgages by a bank (details supplied) to a so-called vulture fund; if he can intervene to prevent such sales by credit institutions in Ireland; if he will introduce measures to allow borrowers switch their loans to State-backed initiatives such as a local authority or the rebuilding Ireland home loan scheme; if he will make it easier for borrowers to switch back to the pillar banks; if he will encourage these pillar banks to buy performing mortgages that have been sold to lenders by vulture funds; and if he will make a statement on the matter. [31825/23]

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• Banking Sector

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