PQ 94
94. Deputy Bríd Smith asked the Minister for Finance if his attention has been drawn to the fact that banks and financial institutions which placed persons in mortgage distress on split mortgages some years ago as a response to the recession and crisis are now removing persons from the plans and pressurising them to make new arrangements with the banks; if his attention has been further drawn to the fact that this often entails new repayment plans that place enormous burdens on borrowers and unrealistic budgeting plans; his plans to help persons in such a situation; the number of persons placed on split mortgages; if the banks concerned have informed his Department or the Central Bank of their plans to remove persons from split mortgages; and if he will make a statement on the matter. [51070/19]
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5 December 2019
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5 December 2019
Summary
94. Deputy Bríd Smith asked the Minister for Finance if his attention has been drawn to the fact that banks and financial institutions which placed persons in mortgage distress on split mortgages some years ago as a response to the recession and crisis are now removing persons from the plans and pressurising them to make new arrangements with the banks; if his attention has been further drawn to the fact that this often entails new repayment plans that place enormous burdens on borrowers and unrealistic budgeting plans; his plans to help persons in such a situation; the number of persons placed on split mortgages; if the banks concerned have informed his Department or the Central Bank of their plans to remove persons from split mortgages; and if he will make a statement on the matter. [51070/19]
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Code of Conduct on Mortgage Arrears
Code of Conduct on Mortgage Arrears
xml · EN · 5 December 2019
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- Official source: https://www.oireachtas.ie/en/debates/question/2019-12-05/94/
- Open data entity: https://data.oireachtas.ie/ie/oireachtas/question/2019-12-05/pq_94