Mr. Brendan Burgess:

First, in most cases where there is debt write-down, it is justified because the mortgage would be unsustainable otherwise and I am a great believer in making unsustainable mortgages sustainable. Most split mortgages I have seen also are justified. However, while it would be necessary for me to show the numbers to the Deputy, there are some split mortgages in which part of people's mortgage is frozen and they pay no interest on it and then they pay interest and capital on the remainder. I am unsure whether the Deputy is aware of that.