80. Deputy Bernard J. Durkan asked the Minister for Finance the extent to which he continues to monitor the activities of venture capital companies which purchased loan books from various lending institutions and are now forcing the borrowers to surrender their homes and which, voluntarily or otherwise, have shown a distinct unwillingness to restructure such loans and which would appear destined to make a considerable profit at the expense of borrowers who have made valiant efforts to try to discharge their indebtedness and who continue to do so; if a review might be undertaken to clarify the extent of such practices; and if he will make a statement on the matter. [37581/14]

Summary

80. Deputy Bernard J. Durkan asked the Minister for Finance the extent to which he continues to monitor the activities of venture capital companies which purchased loan books from various lending institutions and are now forcing the borrowers to surrender their homes and which, voluntarily or otherwise, have shown a distinct unwillingness to restructure such loans and which would appear destined to make a considerable profit at the expense of borrowers who have made valiant efforts to try to discharge their indebtedness and who continue to do so; if a review might be undertaken to clarify the extent of such practices; and if he will make a statement on the matter. [37581/14]

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• Banking Sector Regulation

  xml · EN · 2 October 2014

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