Copied from another thread - Brendan
As an aside, I thought it was interesting that the Finance Committee heard evidence last week that Ulster Bank have only voted against 5 PIAs (out of a total of 100) and Bank of Ireland have voted against 18 PIAs (out of a total of 243). It seems to me that the oft-cited "bank veto" is not as big an issue in arriving at sustainable solutions to mortgage arrears as certain commentators would have us believe.
As an aside, I thought it was interesting that the Finance Committee heard evidence last week that Ulster Bank have only voted against 5 PIAs (out of a total of 100) and Bank of Ireland have voted against 18 PIAs (out of a total of 243). It seems to me that the oft-cited "bank veto" is not as big an issue in arriving at sustainable solutions to mortgage arrears as certain commentators would have us believe.
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