338. Deputy Bernard J. Durkan asked the Minister for Finance if he and his Department continue to monitor the activities of unregulated third parties that have purchased distressed loans, with a view to ensuring such institutions treat borrowers with due consideration for their circumstances and that the option of repossession is restricted whereby the borrowers continue to meet payments to the best of their ability and in line with their circumstances, thereby avoiding an exacerbation of the homeless situation; and if he will make a statement on the matter. [1960/17]

Summary

338. Deputy Bernard J. Durkan asked the Minister for Finance if he and his Department continue to monitor the activities of unregulated third parties that have purchased distressed loans, with a view to ensuring such institutions treat borrowers with due consideration for their circumstances and that the option of repossession is restricted whereby the borrowers continue to meet payments to the best of their ability and in line with their circumstances, thereby avoiding an exacerbation of the homeless situation; and if he will make a statement on the matter. [1960/17]

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Timeline

1. 17 January 2017

   Financial Services Regulation

   338. Deputy Bernard J. Durkan asked the Minister for Finance if he and his Department continue to monitor the activities of unregulated third parties that have purchased distressed loans, with a view to ensuring such institutions treat borrowers with due consideration for their circumstances and that the option of repossession is restricted whereby the borrowers continue to meet payments to the best of their ability and in line with their circumstances, thereby avoiding an exacerbation of the homeless situation; and if he will make a statement on the matter. [1960/17]

   Source: written

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• Financial Services Regulation

  xml · EN · 17 January 2017

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• Durkan, Bernard J. · Asking member
• Finance · Finance · Addressed to

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