PQ 29
29. Deputy Bernard J. Durkan asked the Minister for Finance to indicate, having regard to the many sacrifices and considerable progress made in the aftermath of the banking collapse, if the lending institutions might now be encouraged to accommodate borrowers who have made reasonable efforts to meet their mortgage or borrowing repayments in respect of loans, particularly those loans which were by today's standards unsustainable from the outset; if the lending institutions might refrain from repossessions until an amicable and reasonable solution can be found to meet the requirements of borrowers and lenders, and that the acquisition of loan books by third parties would not frustrate these objectives; and if he will make a statement on the matter. [17481/16]
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23 June 2016
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23 June 2016
Summary
29. Deputy Bernard J. Durkan asked the Minister for Finance to indicate, having regard to the many sacrifices and considerable progress made in the aftermath of the banking collapse, if the lending institutions might now be encouraged to accommodate borrowers who have made reasonable efforts to meet their mortgage or borrowing repayments in respect of loans, particularly those loans which were by today's standards unsustainable from the outset; if the lending institutions might refrain from repossessions until an amicable and reasonable solution can be found to meet the requirements of borrowers and lenders, and that the acquisition of loan books by third parties would not frustrate these objectives; and if he will make a statement on the matter. [17481/16]
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Mortgage Resolution Processes
Mortgage Resolution Processes
xml · EN · 23 June 2016
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- Official source: https://www.oireachtas.ie/en/debates/question/2016-06-23/29/
- Open data entity: https://data.oireachtas.ie/ie/oireachtas/question/2016-06-23/pq_29