Regina Doherty (Meath East, Fine Gael) | Oireachtas source

Bank of Ireland is repossessing some 4,350 family homes through the courts. These homes add up to a potential of a book value of €2 billion. How much of a provision has Bank of Ireland made against that debt?

The bank’s priority is ensuring the security of mortgage debt, whereas ours is ensuring security of tenure of a house for a family in co-operation with their lender. In the bank’s repossession cases, what is the least number of days since any of the families affected have paid the bank in respect of their outstanding debts? Have these families been offered another option to repossession, including the mortgage-to-rent option, the least worst option? Is it the bank’s position that there is no other viable option other than repossession?