27. Deputy Bernard J. Durkan asked the Minister for Finance if he is satisfied that the lending institutions are compliant with a code of conduct in respect of mortgage arrears that recognises the efforts made by borrowers who continue to make payments within their capacity now and over the period since the economic crash; if this is reflected in the manner in which they deal with customers, many of whom continue to make huge sacrifices to make repayments; his views on whether it is time to introduce specific guidelines governing the repossession of the family home in circumstances in which lending institutions tend to resort to measures more protective of their own interests often with tragic consequences; and if he will make a statement on the matter. [44727/17]

Summary

27. Deputy Bernard J. Durkan asked the Minister for Finance if he is satisfied that the lending institutions are compliant with a code of conduct in respect of mortgage arrears that recognises the efforts made by borrowers who continue to make payments within their capacity now and over the period since the economic crash; if this is reflected in the manner in which they deal with customers, many of whom continue to make huge sacrifices to make repayments; his views on whether it is time to introduce specific guidelines governing the repossession of the family home in circumstances in which lending institutions tend to resort to measures more protective of their own interests often with tragic consequences; and if he will make a statement on the matter. [44727/17]

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• Code of Conduct on Mortgage Arrears

  xml · EN · 24 October 2017

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