117 Deputy Joe McHugh asked the Minister for Finance if he will acknowledge that banks asset books contain huge private mortgages portfolios; that defaulted mortgages will leave banks in possession of assets worth less that their paper value; if budget 2011 will introduce mechanisms that encourage banks to negotiate with private mortgage holders on partial write-offs and credit negotiations; and if he will make a statement on the matter. [42244/10]

Summary

117 Deputy Joe McHugh asked the Minister for Finance if he will acknowledge that banks asset books contain huge private mortgages portfolios; that defaulted mortgages will leave banks in possession of assets worth less that their paper value; if budget 2011 will introduce mechanisms that encourage banks to negotiate with private mortgage holders on partial write-offs and credit negotiations; and if he will make a statement on the matter. [42244/10]

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Banking Sector Regulation

  xml · EN · 11 November 2010

  ViewDownloadOpen at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.