177 Deputy Aengus Ó Snodaigh asked the Minister for Finance his views on the banks revaluing existing properties subject to household mortgages and resetting the mortgages to take account of the current value to ensure that thousands of families here will not face repossession proceedings due to defaulting on payments in view of the financial recession; and if he will make a statement on the matter. [10133/09]

Summary

177 Deputy Aengus Ó Snodaigh asked the Minister for Finance his views on the banks revaluing existing properties subject to household mortgages and resetting the mortgages to take account of the current value to ensure that thousands of families here will not face repossession proceedings due to defaulting on payments in view of the financial recession; and if he will make a statement on the matter. [10133/09]

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Timeline

1. 10 March 2009

   Financial Services Regulation.

   177 Deputy Aengus Ó Snodaigh asked the Minister for Finance his views on the banks revaluing existing properties subject to household mortgages and resetting the mortgages to take account of the current value to ensure that thousands of families here will not face repossession proceedings due to defaulting on payments in view of the financial recession; and if he will make a statement on the matter. [10133/09]

   Source: written

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• Financial Services Regulation.

  xml · EN · 10 March 2009

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Sponsors

• Ó Snodaigh, Aengus. · Asking member
• Minister for Finance · Minister for Finance · Addressed to

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