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Ireland · Question · written

PQ 84

84. Deputy Michael McGrath asked the Minister for Finance if the Central Bank has authority to investigate and impose a fine on an unregulated loan owner in the event that the loan owner has miscalculated the amount of mortgage arrears a borrower faces; when the function of calculating mortgage arrears lies with the unregulated loan owner and not the regulated credit servicing firm; and if he will make a statement on the matter. [49842/17]

askedIreland· Dáil Éireann· EN

Introduced

23 November 2017

Last action

23 November 2017 · Central Bank of Ireland Supervision

Status

written

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Michael McGrath

Subjects

Discovery layer

Source updated

23 November 2017

Summary

84. Deputy Michael McGrath asked the Minister for Finance if the Central Bank has authority to investigate and impose a fine on an unregulated loan owner in the event that the loan owner has miscalculated the amount of mortgage arrears a borrower faces; when the function of calculating mortgage arrears lies with the unregulated loan owner and not the regulated credit servicing firm; and if he will make a statement on the matter. [49842/17]

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Timeline

  1. 23 November 2017

    Central Bank of Ireland Supervision

    84. Deputy Michael McGrath asked the Minister for Finance if the Central Bank has authority to investigate and impose a fine on an unregulated loan owner in the event that the loan owner has miscalculated the amount of mortgage arrears a borrower faces; when the function of calculating mortgage arrears lies with the unregulated loan owner and not the regulated credit servicing firm; and if he will make a statement on the matter. [49842/17]

    Source: written

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Central Bank of Ireland Supervision

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