Oireachtas Joint and Select Committees
Thursday, 10 April 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland
12:20 pm
Mr. Stephen Mason:
I suspect it is very small, but I do not have the figure.
Our forbearance assessment is based on the sustainability and whether the customer has the repayment capacity for us to put a forbearance in place. It is only after the event that whether it is in positive or negative equity would enter into the picture. I do not know but I suspect it is very few.
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