Mortgage Arrears Proposals

Dáil Éireann Debate, Wednesday - 16 January 2013

Wednesday, 16 January 2013

Questions (135)

Damien English

Question:

135. Deputy Damien English asked the Minister for Finance in the instance whereby a financial institution (details supplied) has sold all rights, title, interests and benefits of a mortgage loan agreement to another financial institution, how stands a persons rights under the mortgage arrears protection scheme; and if he will make a statement on the matter. [1160/13]

Written answers

Minister for Finance (Deputy Michael Noonan)

I have been informed by the financial institution whose details were supplied that any residential mortgage holder whose mortgage was part of the transaction referred to in the question will retain all their existing rights under the mortgage arrears protection scheme.

Questions Nos. 136 to 138, inclusive, answered with Question No. 91.

Question No. 139 answered with Question No. 94.