28. Deputy Bernard J. Durkan asked the Minister for Finance the extent to which he continues to be updated by the various lending agencies in the matter of mortgage arrears with particular reference to the extent of arrears and of repossessions in respect of family homes, buy-to-rent or commercial properties; if he has been apprised of how lending agencies have addressed the shortfall arising from the situation whereby properties in negative equity have been disposed of leaving a balance in some cases in excess of 50% of the current market value; if the lending agencies are known to have insured against such potential liability; if a pattern has emerged in regard to the level of repossessions or settlements as between different lending agencies; and if he will make a statement on the matter. [50255/12]

Summary

28. Deputy Bernard J. Durkan asked the Minister for Finance the extent to which he continues to be updated by the various lending agencies in the matter of mortgage arrears with particular reference to the extent of arrears and of repossessions in respect of family homes, buy-to-rent or commercial properties; if he has been apprised of how lending agencies have addressed the shortfall arising from the situation whereby properties in negative equity have been disposed of leaving a balance in some cases in excess of 50% of the current market value; if the lending agencies are known to have insured against such potential liability; if a pattern has emerged in regard to the level of repossessions or settlements as between different lending agencies; and if he will make a statement on the matter. [50255/12]

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• Mortgage Arrears Rate

  xml · EN · 15 November 2012

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