160. Deputy Anne Ferris asked the Minister for Finance if the Central Bank of Ireland has reviewed the split-mortgage proposals offered by Allied Irish Banks and Bank of Ireland to struggling mortgage holders in arrears; if so, his views that this forces Bank of Ireland mortgage holders to enter split-mortgage agreements where the warehoused portion is accruing interest at 2.5% with no write-down whatsoever, while Allied Irish Banks offers a more realistic solution for dealing with the unrealistic debt burden; and if he will make a statement on the matter. [14535/15]

Summary

160. Deputy Anne Ferris asked the Minister for Finance if the Central Bank of Ireland has reviewed the split-mortgage proposals offered by Allied Irish Banks and Bank of Ireland to struggling mortgage holders in arrears; if so, his views that this forces Bank of Ireland mortgage holders to enter split-mortgage agreements where the warehoused portion is accruing interest at 2.5% with no write-down whatsoever, while Allied Irish Banks offers a more realistic solution for dealing with the unrealistic debt burden; and if he will make a statement on the matter. [14535/15]

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• Mortgage Arrears Proposals

  xml · EN · 15 April 2015

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