60. Deputy Bernard J. Durkan asked the Minister for Finance if it is expected to introduce guidelines to encourage lending institutions intent on family home repossession to observe the need to accommodate borrowers by way of restructuring where family illness or circumstances outside their control has affected their ability to make full payment, and particularly where borrowers have consistently been making payments to the best of their ability, notwithstanding the lenders' insistence with current criteria, in view of the fact that the lending institutions originally granted the facility; and if he will make a statement on the matter. [18036/15]

Summary

60. Deputy Bernard J. Durkan asked the Minister for Finance if it is expected to introduce guidelines to encourage lending institutions intent on family home repossession to observe the need to accommodate borrowers by way of restructuring where family illness or circumstances outside their control has affected their ability to make full payment, and particularly where borrowers have consistently been making payments to the best of their ability, notwithstanding the lenders' insistence with current criteria, in view of the fact that the lending institutions originally granted the facility; and if he will make a statement on the matter. [18036/15]

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Timeline

1. 7 May 2015

   Mortgage Arrears Proposals

   60. Deputy Bernard J. Durkan asked the Minister for Finance if it is expected to introduce guidelines to encourage lending institutions intent on family home repossession to observe the need to accommodate borrowers by way of restructuring where family illness or circumstances outside their control has affected their ability to make full payment, and particularly where borrowers have consistently been making payments to the best of their ability, notwithstanding the lenders' insistence with current criteria, in view of the fact that the lending institutions originally granted the facility; and if he will make a statement on the matter. [18036/15]

   Source: written

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• Mortgage Arrears Proposals

  xml · EN · 7 May 2015

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• Durkan, Bernard J. · Asking member
• Finance · Finance · Addressed to

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