PQ 384
482 Mr. Quinn asked the Minister for Finance if his attention has been drawn to the fact that many Irish citizens who purchased endowment mortgages in the late 1980s and early 1990s have ended up with a negative financial position and are facing a shortfall with regard to mortgages which they thought would have been completed by this time; if he proposes to take action to ensure that the financial institutions that sold such products will take responsibility for the situation; and if he will make a statement on the matter. [24528/05]
Introduced
28 September 2005
Last action
28 September 2005 · Endowment Mortgages.
Status
written
Sponsors
Ruairí Quinn
Subjects
Discovery layer
Source updated
28 September 2005
Summary
482 Mr. Quinn asked the Minister for Finance if his attention has been drawn to the fact that many Irish citizens who purchased endowment mortgages in the late 1980s and early 1990s have ended up with a negative financial position and are facing a shortfall with regard to mortgages which they thought would have been completed by this time; if he proposes to take action to ensure that the financial institutions that sold such products will take responsibility for the situation; and if he will make a statement on the matter. [24528/05]
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
28 September 2005
Endowment Mortgages.
482 Mr. Quinn asked the Minister for Finance if his attention has been drawn to the fact that many Irish citizens who purchased endowment mortgages in the late 1980s and early 1990s have ended up with a negative financial position and are facing a shortfall with regard to mortgages which they thought would have been completed by this time; if he proposes to take action to ensure that the financial institutions that sold such products will take responsibility for the situation; and if he will make a statement on the matter. [24528/05]
Source: written
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
1 official file
Endowment Mortgages.
Endowment Mortgages.
xml · EN · 28 September 2005
Sponsors
- Ruairí Quinn · Asking member
- Minister for Finance · Minister for Finance · Addressed to
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.oireachtas.ie/en/debates/question/2005-09-28/384/
- Open data entity: https://data.oireachtas.ie/ie/oireachtas/question/2005-09-28/pq_384
- ireland · q-2005-09-28-pq_384 · source updated 28 September 2005