Banking Sector
Dail Éireann — 2023-11-23
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Pearse Doherty (SF), Donegal

An estimated 113,000 mortgage borrowers in this State have had their loans sold to vulture funds. That includes approximately 80,000 primary dwelling homes. The aim of the credit servicers directive is to encourage the development of secondary markets of non-performing loans. Will the Minister inform the House of his Department's assessment of the impact this directive will have on consumer protection and citizens' rights, and the date he expects its transposition to take place?

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2023-11-23/debate/main
Retrieved: 2026-08-14T04:52:26+00:00
Sitting date: 2023-11-23