Oireachtas Joint and Select Committees

Thursday, 18 October 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Governance and Regulation of Receivers: Discussion

9:30 am

Mr. Conan McKenna:

Ms Reid can provide some headline numbers. The fact that 12,000 to 14,000 people have availed of the Abhaile service in recent years, with more than half of those in the 720 day or chronic arrears period, an area that basically had no engagement prior to that whatsoever, is a tangible success. Until 2015, the number of people in 720 day mortgage arrears was increasing. Since then, large volumes have been engaging with assistance services for the first time to help them towards solutions and are on the route to same.

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