44 Deputy John Paul Phelan asked the Minister for Finance when a mortgage is securitised and sold to the market, if it is sold as a security; if so, does it remain a mortgage following the sale; if it is no longer a mortgage, can it ever become a mortgage again; and if it is true that the Irish banks prepare and submit promissory notes of the Central Bank of Ireland as mortgage-backed debt instruments, on what are they based. [6990/12]

Summary

44 Deputy John Paul Phelan asked the Minister for Finance when a mortgage is securitised and sold to the market, if it is sold as a security; if so, does it remain a mortgage following the sale; if it is no longer a mortgage, can it ever become a mortgage again; and if it is true that the Irish banks prepare and submit promissory notes of the Central Bank of Ireland as mortgage-backed debt instruments, on what are they based. [6990/12]

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• Banking Sector Regulation

  xml · EN · 8 February 2012

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