Oireachtas Joint and Select Committees
Wednesday, 4 September 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Financial Sector: Discussion with Bank of Ireland
12:55 pm
Dara Murphy (Cork North Central, Fine Gael) | Oireachtas source
Let me put it another way. Of the current mortgages in default, how many fall into the category of persons who have contacted and engaged with the bank and are now deemed by it to be unable to pay? Earlier Mr. Boucher said 1,097 mortgages were unsustainable, 937 were in default and 10% of loans in arrears were in what he termed potentially a different category. Can he say how many Bank of Ireland mortgages are unsustainable and what will happen to the holders of these mortgages?
No comments