Enda Kenny (Mayo, Fine Gael) | Oireachtas source

If one looks at the repeat of the committee meeting which the Secretary General attended, he was actually commended on his forthrightness and the detail into which he went about the matters raised with him.

There are 100,000 people out there who have problems with their mortgages. They are in limbo. The Government's intention is to bring about clarity for them in respect of their house, their positions and how they can plan for the future. Regarding the wall of allegations about wholescale house repossessions, nothing could be further from the truth. For the past two years, the Government has worked hard in restructuring and recapitalising the banks, as well as making arrangements, based on the recommendations of the Cooney report, for the different strategies that can be adopted by the banks in bringing about a resolution to each person's mortgage difficulties. All cases are unique with particular circumstances. Resolution will also include the complexity of the personal insolvency legislation which has passed through the Houses. The insolvency agency will open its doors during the summer.

The impact of what Deputy Martin suggests is that the bank guarantee should be continued.

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