Dáil debates

Tuesday, 17 December 2013

3:50 pm

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail) | Oireachtas source

-----he was looking at a figure of 1,830. Those are facts; they are figures that I did not make up but that are on the official record. Whatever record the Taoiseach wants to take officially, it is telling a story that repossessions are dramatically on the increase and that he has sat on the sidelines on this issue. The most he can say in a much hyped televised address to the nation is that the banks must do more to deal with mortgage distress, without explaining any detail in terms of what that means or what he intends to do about it. I ask the Taoiseach one more time if will he agree to the establishment of an independent mortgage resolution office for once and for all to get a genuine engagement going between banks and those who are in arrears because the other options are not being offered to any great degree, be they split mortgages, interest only or extension of loan repayment periods. Those options are not being offered to any great degree.

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