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

12:40 pm

Mr. Stephen Mason:

First, we would try to get a full understanding of their incomes, outgoings and family circumstances to determine whether we could provide them with a forbearance. If we cannot and they move into the unsustainable stage, we consider mortgage-to-rent solutions. This is the answer to the Deputy's question. If mortgage-to-rent is not an option, we consider-----

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