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Finance Cttee. Examining PTSB Sale Of 11,000 Mortgages.

: 10/11/2018 - 13:12

The sale of almost 11 thousand mortgages by Permanent TSB is being examined by the Finance Committee today.

The mortgages were sold to Start Mortgages, as part of the bank's Project Glas portfolio, for 1 point 3 billion euro.

The sale has intensified the political debate over whether banks in majority State ownership should sell mortgages to other financial institutions.

Labour TD Joan Burton is a member of the Oireachtas Finance committee:
 

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