Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

I welcome Mr. Boucher and his colleagues. We are in the process of meeting with the key banks to discuss the current situation, particularly in regard to mortgages. I noted two bits of good news in the presentation from Mr. Mason. First, I noted that 92% of Bank of Ireland owner-occupier mortgages are not in default and second, that of all the civil bills issued last year, Bank of Ireland was involved in only 6% of them. This is quite a low figure for a big bank.

However, I have a question in regard to unsustainable mortgages, namely where there is an unsustainable mortgage and the mortgage borrower continues to be liable for the recovery of any shortfall between the sale proceeds and the mortgage loan, the negative equity part. When people lose their house, they are homeless. Does Bank of Ireland chase up homeless people for money?