252. Deputy Pearse Doherty asked the Minister for Finance further to Parliamentary Question No. 194 of 26 March 2013, in which he stated that banks have been given targets of proposing sustainable mortgage solutions to 20% of mortgage loans that are 90 days in arrears by 30 June 2013, and that this would equate to 20% of 94,488 PDH and 28,421 BTL loans by reference to arrears at 31 December 2012, his views on whether it is feasible that banks can propose solutions to 25,000 mortgage accounts in the forthcoming three months, equivalent to 2,000 per week or 400 per working day; and if the Central Bank of Ireland will be monitoring progress on reaching targets on an ongoing basis. [16363/13]

Summary

252. Deputy Pearse Doherty asked the Minister for Finance further to Parliamentary Question No. 194 of 26 March 2013, in which he stated that banks have been given targets of proposing sustainable mortgage solutions to 20% of mortgage loans that are 90 days in arrears by 30 June 2013, and that this would equate to 20% of 94,488 PDH and 28,421 BTL loans by reference to arrears at 31 December 2012, his views on whether it is feasible that banks can propose solutions to 25,000 mortgage accounts in the forthcoming three months, equivalent to 2,000 per week or 400 per working day; and if the Central Bank of Ireland will be monitoring progress on reaching targets on an ongoing basis. [16363/13]

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• Mortgage Resolution Processes

  xml · EN · 16 April 2013

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