Dáil debates

Thursday, 20 October 2011

Report by the Interdepartmental Working Group on Mortgage Arrears: Statements (Resumed)

 

3:00 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)

I would never find my way around the gold coast. I have not been there for a long time.

I do not yet know what we will do in terms of developing a legal base for these intermediaries but I will take advice on the matter. The intention is that 100 individuals with expertise would act as interlocutors for people with impaired mortgages to equalise the relationship. They would carry out the negotiations. I am open to the question of whether we will attach them to the money advice and budgeting service, MABS, or deploy them in some other way.

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