Written answers
Tuesday, 4 October 2011
Department of Finance
Mortgage Arrears
8:00 pm
Michael McGrath (Cork South Central, Fianna Fail)
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Question 144: To ask the Minister for Finance if the Central Bank of Ireland has details of the number of residential mortgages which are in arrears of less than 90 days as at 30 June 2011; and if so, if he will provide a statement of the details. [27138/11]
Michael Noonan (Limerick City, Fine Gael)
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The Central Bank has informed me that they do not publish data from lenders on arrears of less than 90 days.
Details of loan accounts in arrears, including loans greater than 90 days in arrears and loans less than 90 days in arrears are reported to the Central Bank on a quarterly basis. The Central Bank publishes figures on arrears greater than 90 days as this gives a more accurate reflection of the level of current arrears and the trend therein.
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